SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Paxton who wrote (912)2/23/1999 9:55:00 PM
From: Keith A Walker   of 6531
 
I "discovered" this stock when I noticed the volatility and decided to buy some deep out-of-the-money puts. Made a tidy profit and then decided to research the company some more: A true gem in the highly valued world of CSCO, DELL and MSFT and the rest of the internet.

The trouble I have with CSCO right now is that the law of large numbers is going to hit soon. Growing 30-50% per year just gets tougher and tougher. BRCM on the other hand can sustain that type of growth rate for the foreseeable future.

If volatility concerns you then 1) You shouldn't be in this stock 2) just buy some protective puts or go short-against-the-box and make some money on the temporary sell-offs.

Timing is everything.

Regards, Keith
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext