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Technology Stocks : Broderbund Software -- Ignore unavailable to you. Want to Upgrade?

To: Colin Christie who wrote (453)	12/18/1997 3:11:00 PM
From: Char	Respond to of 859

Does anyone have a buy level for BROD. I'm looking at around 27. If that doesn't hold it looks like it could go to around 19. Dave

To: Colin Christie who wrote (453)	12/18/1997 3:16:00 PM
From: Tae Spam Kim	Read Replies (1) \| Respond to of 859

People are selling on on irrationality and panic now. Kind of sad. For all of us, on the long side, I'm confident the market will re-gain it's sanity in the next couple of days. The fundamentals I believe are solid.. 1 million sold in one month.. strong solid balance sheet. Riven is going to be a humongous cash cow for broderbund over the next few quarters, other parts their business have improved. They crushed estimates by 5 cents, and will brod will beat them again the future. Retail sales are tremendous.. Compusa's are selling thousand lots like they are giving it out for free. Looking for a come back to sanity tommorow. Still confident of my $40 price target, once the market get's over this downgrade b/c the analyst met his $35 price target. Tae Kim TJK Market Letter