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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Stoctrash who wrote (910)2/23/1999 5:43:00 PM
From: Jim Paxton  Read Replies (2) of 6531
 
Fred

I am aware of the valuations of BRCM, I am also aware of the insider trading.

BRCM represents 5.4% of my portfolio, if BRCM went entirely bust, I am not going to be hurt that badly. If the company continues to grow and make money, I will continue to buy and add to my position.

I am of the belief that this is one of those companies that "might" be big over the next several years, considering the rapid growth of cable, telecommunications and the internet.

It is by no means a sure thing, but it is a worthwhile investment in the future of a rapidly growing industry.

I am glad you made money on VLSI thats why all of us are in the market. I don't have a problem with you shorting this stock either - their is a place for shorts in the market.

I damn sure don't plan laughing at you if the rest of us make a bunch of money on this stock. I don't have a problem with anyone shorting this stock, it is extremely volatile - this offers opportunity for shorts, if that is a comfortable position for that person.

We all have our different opinions and approaches to the market and making money.

What I do object to, are those people that seem to love to berate others because they don't think the same.

Good luck to you
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