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

To: limtex who wrote (951)3/3/1999 5:10:00 PM
From: sam  Read Replies (1) | Respond to of 6531
 
I'd say what we had late last summer was a bear market. This isn't quite there yet to me. We'll see if the big cap techs are done selling off. If so, I believe it'll lead to a short term tech rally (that will include BRCM). If not, you may be right. We'll see (of course, it will depend on inflation, interest rates, etc... as we all know). FWIW I view this as a time to buy, not a time to sell the companies I like.



To: limtex who wrote (951)3/4/1999 1:20:00 AM
From: Clint E.  Respond to of 6531
 
>>>>But seriously isn't this a bear market? Sure feels like one to me!

This has been a bear market for small stocks. As we drift lower these days, you don't see most of them come back. Only some large-cap names are manipulated back up to lift the market higher.

LEVL, PMCS, BRCM have all been going down in sympathy with COMS. BRCM should have support at 46.5 if things get a bit worse.

Clint


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