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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Gujju Bhai who wrote (136)4/18/1998 11:34:00 AM
From: giddy guru  Read Replies (1) | Respond to of 6531
 
//gg//

Gujju,

Don't be too hard on yourself when luck plays a bigger role than expertise.

On the positive side BRCM is one of the hottest IPO and many funds are watching. Continued lagging of performance compared to S&P and combined with record inflows into funds will force the managers to take more risk and chase the next YHOO, AOL and XCIT.

You may not only recover your money but can make a decent profit if you hold on beyond the initial dip.

Good Luck.

/gg/



To: Gujju Bhai who wrote (136)4/18/1998 6:36:00 PM
From: hal jordan  Respond to of 6531
 
We all make mistakes Gujju. I bought Netscape with an open market order on IPO day. First mistake was the open market order. Second mistake was selling it for a major loss the first day instead of holding. Felt real great to see it go to over $135 a few months later. That little mistake cost me $50,000.

Hal



To: Gujju Bhai who wrote (136)4/19/1998 9:02:00 AM
From: m-top  Read Replies (1) | Respond to of 6531
 
Gujju, You might want to check out the links at the following post.
Message 3490827 They will give you some better insight into the market maker function with all the apple pie and motherhood BS removed. I'd also recommend you get a copy of Richard Neys "The Wall Street Jungle" located at the interloc bookstore mentioned in this post. John