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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Keith A Walker who wrote (2268)7/14/1999 3:14:00 PM
From: Doughboy  Read Replies (3) | Respond to of 6531
 
One indicator of BRCM value right now: Huge insider selling by Samueli, Nicholas and other senior management. Also General Instruments sold some of their stake in Broadcom. These sales are just a small fraction of their stakes, of course, but it's interesting to note that they all sold at the end of May when BRCM was around 100 and thereby missed an additional 40%. Being an insider is no guaranty that you know enough to make a smart buy-sell decision. (Probably there was also an insider trading window that may have prematurely forced their hands.)

Doughboy.