Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: uu who wrote (94)	4/18/1998 12:42:00 AM
From: srvhap	Read Replies (1) of 6531

<<Well just for the heck of it and purely as a gamble I just bought 250 shares at $57.75. Will buy additional 250 shares for every 20% drop till I have 1000 shares. If I get 20% gain by end of next week without the stock dropping by 20% from its current level, then I will sell my 250 shares and just be a happy camper for a quick 20% return! On the other hand if it drops by 100%, Oh well, I guess this will have been a true gamble after all!!>> This is as you say a gamble (I say a REAL gamble - buy a lottery ticket is cheaper and the odds are most likely better :) I say wait 30- 45 days so that the shorts can get on it then watch the price and the action.

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