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

To: Phil(bullrider) who wrote (3103)	11/12/1999 12:34:00 PM
From: Brian Malloy	Read Replies (2) \| Respond to of 6531

Message 11897498 Too continue, Each investor has to look at their own situation. How much is protected in IRA or what you have outside tax deferred/tax free accounts. For me there are two basic games. 1) The long term buy and hold for selected stocks. I have never sold any BRCM stock. I did increase my holdings by 50% when the stock was around $115 a few weeks back. As long as the BRCM story is intact, why market time? Stocks often make violent moves in a short period of time. 80-90% of the gains come in 10% of the total trading days. The danger then in my eyes (read careful) has always been not being in a stock rather than being in it. Having said this, when stocks make the inevitable pull backs and "relative" bottoms are seen why not position yourself for the next move. Then for me it's time to play: 2)The options game. In short, based on ones own risk reward calculations of course, if you thought you could make say five times or more your initial investment with relative high probability in six months or less would you really let paying 30-50% in taxes get in the way of making these "outsized gains"? IMHO PS. Keep your eyes on this thread, we have some great BRCM technicians. Many people are long the stock yet supercharge their gains with options buying and writing. We also have some individuals that serve as great negative indicators. It is almost comical. After BRCM sells off or retraces they show up saying the stock is going lower and no joke, within three days or less the stock is usually heading up in a major way.