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Zeev Hed

07/22/03 10:56 PM

#133036 RE: Tenchu #133020

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.