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

To: Bobby who wrote (1500)	5/3/1999 10:57:00 PM
From: Black-Scholes	Read Replies (1) \| Respond to of 6531

I too have an education from a "top 5" (#1 in finance and more Nobel prizes than any other school in the world) and would never dream of "debunking" your education. But it seems you're ignoring yours by turning a deaf ear to your professors. Techical Analysis is for uneducated people - PERIOD! TA is for the same kind of people who go to Vegas thinking they can win. It's for losers.

To: Bobby who wrote (1500)	5/4/1999 8:51:00 AM
From: md1derful	Read Replies (1) \| Respond to of 6531

Bob: Excellent post...basically I tend to agree with most of you on the thread (fwiw)...I think the WON approach (you know, CANSLIM) is extremely helpful in chosing stocks...as for me, the timing of the entry point is based purely on TA..however all the TA, VOODOO, or whatever you want to call it is useless if the stock has no fundamentals...we individuals have it soooo easy since we can run circles around the analysts who are imprisoned by their company or fund which they manage...perfect example..yesterdays downgrading of jdec...absolutely idiotic (I have no position). I mean...duh...what part of fallen stock does this analyst not understand...this type of wall street nonsense represents an opening for we individuals to get in on a great company at a bargain...that type of thing..but timing is everything so you look at the volume and price,ie. a little TA and plan an entry point..you will make a fortune on that stock!!

To: Bobby who wrote (1500)	5/4/1999 9:47:00 AM
From: Roger Hess	Read Replies (1) \| Respond to of 6531

A little humor... A recent WSJ cartoon stated the following: "Stock prices fell sharply today on the fear that stock prices would fall sharply." I took a few finance courses in college. The only thing I can remember is what one professor said over and over: "The sum total of all investment knowledge is zero." My TA consists of the following: I buy stocks in companies with ideas or products that will change the way we live or do business. Broadcom fits under this premise, so I bought it. Whether my 'TA' is right or wrong, I'll have to wait a few years to find out.