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


To: AD who wrote (4250)9/12/2000 12:43:09 AM
From: Ibexx  Read Replies (1) | Respond to of 6531
 
Re. But why are some of you trying to bank on a high flyer?

Some like industry leaders, others go for penny stocks. Whatever turns you on is no one else's business. I see no need trying to convert each other.

Good luck,
Ibexx



To: AD who wrote (4250)9/12/2000 3:00:38 AM
From: A. Robbins  Read Replies (2) | Respond to of 6531
 
The stock price is completely irrelevant, if BRCM splits 10-1 (it would still have less outstanding shares than Cisco) it would trade at $22-$23. Then all of a sudden does it become a good stock to you? When investing in a stock your percentage return is what is important, not how much you pay for the stock. Because of BRCM's market leading position, it has an infinitely better chance of returning you a high percentage than any 2 dollar stock you can think of- and broadcom has done this consistently. There is a reason why penny stocks are penny stocks. Invest in market leaders- Guys have been spouting off like you about MSFT, INTC, CSCO, DELL, and the like for ages. The long term buy and holders of these companies have had their wildest dreams come true. So will those who stay long BRCM, because it too is a true market leader.