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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (14237)	10/1/1998 1:03:00 AM
From: mchip	Read Replies (1) \| Respond to of 18691

I have never taken a position in BRCM... just watching. From the news one could think that SFA and INTC are selling to cover their initial investment, or a bit more… I think others might follow. “Joe Investor” got in at the high 50's. I don't remember the IPO price but it was in the 20's or lower for insiders. BRCM is overvalued, but I think it has strong future potential. I don't know what will happen. (I think it will go down from here short term, I don't know how much though.) It's interesting that BRCM released “preliminary” earnings today to counteract the sales. I don't daytrade.. but I this is going to be interesting to watch tomorrow!! Good luck!! (No I'm not going short…. But If I daytraded I would!)