Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TATRADER who wrote (4387)	10/18/2000 2:06:24 AM
From: Ingenious	Respond to of 6531

TA ET AL. : the brcm earnings and announcement ( i too think a split is overdue) should be quite interesting. we have had people comment here that the "head and shoulders" pattern indicates bullish future (ibexx) and bearish(TA). IMHO, i dont think TA works simply because if it did we would not have any conflicting opinions. it should always yield the same result, right? the fact remains, TA is at best hindsight analysis. nice for the lab and analysts only. personally, i take a purely fundamental view. the fundamental i look at is increasing sales, increasing markets, unfair advantage in their own industry and shrewd acquisitions that increase the former three factors. brcm is not creating new technologies for the sake of science but for the sake of their pocketbooks. that is my kinda of company. this is another reason i believe TA does not work for most companies and especially brcm: TA does not incorporate the intrinsic value going on behind closed doors at a company nor the technical innovations these companies are creating. TA can't work because it simply has no room for rapid change. at best, it predicts the past will be some indication of the future; clearly brcm does not fit into that paradigm. i suppose it really isnt important to me if brcm hits 230 then 180 or 180 then 250 because i have held this baby since '98. there is nothing like tax free appreciation of assets. of course, the cigar would be a prize...

To: TATRADER who wrote (4387)	10/18/2000 5:25:27 AM
From: A. Robbins	Read Replies (1) \| Respond to of 6531

Long the stock since Nov.98, price and split adjusted at $32.00. I don't need a course in thermal dynamics or witchcraft to do my investing- It's simple and time tested LTBH. I do ,however, keep a couple of Guetemalan worry dolls handy just in case. If I came on too hostile it is because I get frustrated every time a short player shows up with a bag of tricks and jumps in your face about how dismal your investment looks. If you have a contrarian opinion that's fine, but please put the rabbit back in your hat and spare me the biblical fire and brimstone crap.