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

To: David Alon who wrote (5488)	2/16/2001 3:53:44 PM
From: Paul Viapiano	Read Replies (1) \| Respond to of 6531

Good for you, David...

To: David Alon who wrote (5488)	2/16/2001 9:08:00 PM
From: Bruce Brown	Read Replies (1) \| Respond to of 6531

Paul, at least he has the money to fill his prescription. Unlike some of the longs, they will need their pills, but without the money for it. Plenty of longs have Broadcom $$$ to use if Western medicine happens to be their choice. Since I am one of those longs, I can say that Broadcom has outperformed the Dow, the S&P and the Nasdaq since going public in April of 1998, as well as the time frames of the past 17 - 34 months. That is not to discredit that the sledding has been rough and the strategy of choice since summer of 2000 would have been booking profits, trading, shorting, holding cash as the equity of choice or any combination. That is also not to say Broadcom could certainly go lower from the current levels. It could also go higher over the next few to many years once the process is completed. What will the reward for those investors who did their semiconductor research early and invested in 1998 once the 5 year and 10 years junctures are met for Broadcom? Hard to say, but the compounding effect might just beat the indexes for those same time frames. If not, diversity of portfolios and strategies would most likely allow 'longs' to have a balanced portfolio that does show a positive return for those time frames which includes both technology and non technology stocks. Something like this perhaps to keep it at a basket of diverse technoloy stocks using the Broadcom IPO time frame to date with Broadcom included: siliconinvestor.com One or two of those might turn out to be quite a 'winner' over a decade of performance for patient investors. What could the aggregate group's compounded return look like at the 5 and 10 year juncture point? Time will tell. I'm not saying that returns could be better using other strategies than simply investing early and holding, but many 'long' investors do use such a strategy - no matter how absurd that might seem at a time in the economic business cycle and valuation climate such as we are in at the moment. If we all had all the answers, maybe we could avoid the need for medication and western medicine all together... Since April of 1998: siliconinvestor.com Since the secondary in October of 1998: siliconinvestor.com 24 months: siliconinvestor.com 17 months: siliconinvestor.com BB