Saturday, May 27, 2006

Catch the Bounce --- BRCM

BRCM (Broadcom Corp.)

BRCM is a manufacturer of semiconductors for wired and wireless communications. The Company provides manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices with complete system-on-a-chip and software solutions.

Its closing price, as of 5/26/06, is $34.56. It is good for mid-term investors.

My suggestion: Buy (7.5)
Instruction: It is very sensitive to the market movement. For experienced short term player, it is a good choice also. Its short term trend is not settled yet. Please be alert to its volatility. The middle term investor should ignore its price change. The current price is the over sold price.

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