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: AD who wrote (4250)9/12/2000 3:00:38 AM
From: A. Robbins  Read Replies (2) of 6531
 
The stock price is completely irrelevant, if BRCM splits 10-1 (it would still have less outstanding shares than Cisco) it would trade at $22-$23. Then all of a sudden does it become a good stock to you? When investing in a stock your percentage return is what is important, not how much you pay for the stock. Because of BRCM's market leading position, it has an infinitely better chance of returning you a high percentage than any 2 dollar stock you can think of- and broadcom has done this consistently. There is a reason why penny stocks are penny stocks. Invest in market leaders- Guys have been spouting off like you about MSFT, INTC, CSCO, DELL, and the like for ages. The long term buy and holders of these companies have had their wildest dreams come true. So will those who stay long BRCM, because it too is a true market leader.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext