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


To: Keith A Walker who wrote (4444)10/20/2000 10:08:23 PM
From: md1derful  Read Replies (1) | Respond to of 6531
 
PHew..just escaped by buying to close the Oct 240's at 5/8 earlier today...now long..fwiw, made a mint by first shorting the Oct 290's and then the 240's...nice cash generator, this stock...shorting about 50 points out of the money provides some nice cash and increases the overall return of this great stock (as if we need it!!)..my cost basis is now down to about 10-11...should be zero in a couple of months, then we play with the street's money...nice
doc



To: Keith A Walker who wrote (4444)10/20/2000 10:19:42 PM
From: A. Robbins  Read Replies (1) | Respond to of 6531
 
Yup and that's the way I like it!! It's great to see em come in guns a blazin' only to be completely humiliated by the sheer explosive strength this stock can show-then poof their gone. At least TA left with a little class, would like to know, however, if those cigars ever show up at ig's place.

I never let myself get too cocky though, as this one has given me many a horrible scare over the past couple years and I have the scars to prove it!

I really feel that the exciting times for the company still lie in the future. As broadband becomes more commonplace and the firm is able to integrate the technology purchased in the 13 or 14 recent acquisitions, there are going to be some great products coming out of BRCM.

Good luck.