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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: A. Robbins who wrote (5572)3/1/2001 12:14:49 PM
From: ratan lal  Read Replies (3) of 6531
 
The customers have to achieve certain sales targets in order to recieve the warrants in the first place

True. The problem is in the reporting.

I cant offer you a 50% discount, take the full selling price to show my profit and take the discount as some one time expense. If that were true every department store would start offering options on their stock in exchange for buying there, increase sales and profits thru the roof and show losses as one time events.

This is just plain smoke and mirrors. And now that investors have founf out, BRCM is getting clobbered. Down 7+ today and down 35 in the last 12 days when I bought and got screwed by theses crooks.
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