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Re: Tenchu post# 133020

Tuesday, 07/22/2003 10:56:20 PM

Tuesday, July 22, 2003 10:56:20 PM

Post# of 704041
I have no expectations really, I think, they think that this quarter might be bad for the market (as I think) so they might as well report the worse and then issue new options under $20 for a good run next year, supported by better earnings since BRCM is taking so many charges here. Will they succeed? I have not the slightest, right now, the box is indeed $24 to $30, but I expect in the next few weeks to see it back in the $19.5 to $22.5 or so range.

AZH

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