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


To: Brian Malloy who wrote (1699)5/21/1999 10:52:00 PM
From: Brian Malloy  Respond to of 6531
 
To all, interesting link here. A lot of behind the scenes battles taking place. BRCM is obviously holding up and advancing.
Message 9676448



To: Brian Malloy who wrote (1699)5/22/1999 2:58:00 PM
From: Patriarch  Read Replies (1) | Respond to of 6531
 
Hi Brian,

Actually, their have been a lot of 144's filed in the past several days. This is understandable due to the size of the trades and individuals looking to diversify. To take a look, enter BRCM in the "Free Stuff" link:

insidertrader.com

As I said to FredE a week ago, if you're going short - good luck. The smart money covered their positions a few months ago:

Month Shares Short Avg Daily Volume Ratio

04/99 690,949 1,385,669 0.50
03/99 771,900 1,742,514 0.44 S
02/99 1,307,996 1,618,510 0.81
01/99 688,398 1,413,844 0.49
12/98 1,740,240 1,518,718 1.15
11/98 1,478,638 1,500,846 0.99

BTW, May's short numbers come out this Wednesday. Should be more of the same.

Overall, BRCM is in an up-trend right now and, IMO, we have a ways to go.

Onward and upward,
Pat