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Zeev Hed

10/25/03 3:25 PM

#165066 RE: JLSegal #165049

The current box is still $29.50 to $32.5, a breach of $29.5 on a closing basis should prep the stock to close the gap from about $21.1 to $23.5. If we go into a bear mode here, the most "likely" box will probably be $25 to $28 for a little while, failure of $25 might drop it to close the gap, and the major support s then (like before) at $19.5 (#msg-1236251 and #msg-1265028). A very strong market early next year could get BRCM back to just $39 or so...As for XLNX, the bottom of the ox is a touch under $28 and the top a touch above $32, I can easily see $35 taken, particularly if INTC starts a new box above $33. We may have to wait for both of these until INTC comes up with their mid quarter estimates...