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 (6119)11/29/2001 10:44:25 PM
From: techanalyst1  Read Replies (2) of 6531
 
No Fred! Look what CSFB thinks (according to briefing.com anyway):

2:25PM Broadcom (BRCM) 45.26 -1.69 (-3.6%): --Update-- CSFB thinks company was deliberately not being overly optimistic and referring to limited visibility because it is coming up on the end of its stock refresh for employees, which it began in late-June. Consequently, believes BRCM has an incentive to keep from sounding overly bullish. Wouldn't be surprised to see stock sell off further as company continues to water-down comments until end of stock refresh, which occurs around 12/21.

This is going to have to go down in my book as one of the most stupidest (is that really a word?) things an analyst had to say to defend a stock!

TA
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext