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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (60437)1/22/2001 2:42:01 PM
From: KeepItSimple  Read Replies (3) of 436258
 
I know Luc doesnt want to hear this, but anyone looking to make a fast buck should buy BRCM calls.

Reason? Today at 10:30, right as BRCM's bubble appeared to be collapsing (it fell to 123, about 8 points below its current level), management hastily issued a hype-filled hot air press release about an internet phone chip.

They NEVER issue press releases mid-day. Always before or afterhours.

Why would they need to pump their own stock mid-day?

Simple- they will announce a 2:1 split tomorrow and want to keep the price around 130 per share until then.

You'll thank me later!
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