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: Stoctrash who wrote (5757)3/21/2001 9:41:53 AM
From: RetiredNow  Read Replies (1) of 6531
 
No kidding. I think they'll warn too, because I think Cisco and others will warn in the coming month. So BRCM and a host of other Cisco stocks are going to come down more.

But what I was talking about was the warrant situation. That's not the reason why BRCM should be down. BRCM should be down because their earnings growth potential has been slammed by the inventory glut in the economy. Once that reverses, BRCM and others like CSCO will take off. In the mean time, these companies need to clean up their balance sheets and move to more conservative accounting techniques so they'll be well positioned. So after we start seeing the next round of earnings, I'd say it's time to buy because we will have hit the bottom. But wait for the warnings. Don't pull the trigger too soon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext