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

To: Bobby who wrote (516)	12/30/1998 1:48:00 PM
From: Patriarch	Read Replies (2) \| Respond to of 6531

Hi Bobby, My disclaimer, I'm not a trader-I buy and hold. I see what companies are delivering what the market needs and have the best outlook for the years ahead. With this, I invest accordingly. So, IMO, in terms of an exit strategy in BRCM, and other tech stocks, the question becomes "What could happen that might have <insert company> fall behind the technology curve". Will management drop the ball, will the company's R&D be invested accordingly or will someone/something unforseen arise and capture the market. If any of the above happens, that's when I look to sell. In terms of valuation, it's tough to look at BRCM's P/E or any value instrument and say Buy. Many have asked me the same question. Not to dodge the question, but I look at BRCM with so much potential in the years ahead. I won't get too "Gilderish" on you but if you go back on a few months messages on the thread, you see a company that has a vision and is executing their plan. Hope this helps. Hope you join us. Happy New Year. Pat