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


To: Brian Malloy who wrote (3107)11/12/1999 2:16:00 PM
From: Phil(bullrider)  Respond to of 6531
 
Brian,

)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"?


I would much rather have to pay tax than the alternative. (not make any money)

I need to learn about options. I just recently began short selling. I guess options are the next logical step.

I don't have time yet to get into day trading.

Thanks for your thoughts.

Have fun,
Phil



To: Brian Malloy who wrote (3107)11/13/1999 11:11:00 AM
From: Robert New  Read Replies (2) | Respond to of 6531
 
Noticed that Smart Money Magazine just came out with its 10 Stocks to Own for the Next Decade. And Broadcom heads the list followed by AOL, Citigroup, Inktomi, Worldcom, Monsanto, Nokia, Nortel, Red Hat, and finally Scientific Atlanta.....

This run has been incredible. I bought last month at 120 figuring that we would see an upside break out of the pennant formation but didn't think we would see a 50% upside move. Of course the way the market is running anything is possible...