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


To: Stoctrash who wrote (5632)3/6/2001 10:30:23 PM
From: Jack Hartmann  Read Replies (1) | Respond to of 6531
 
Fred, I think you scared all the longs. Just got some institutions hoding and they move too slow.

Jack
(who was long, but got out last month at $71 or so)



To: Stoctrash who wrote (5632)3/6/2001 10:40:10 PM
From: AugustWest  Read Replies (1) | Respond to of 6531
 
Maybe even $35 is being generous!

Starting to smell like a ctxs deal stockcharts.com[h,a]mhclnnmy[df][p]



To: Stoctrash who wrote (5632)3/7/2001 8:15:47 AM
From: lanceb.99  Respond to of 6531
 
This is unbelievable: "Because this is an emerging accounting area for which its auditors have found no clear precedent..."

Is that the sleaziest way you've ever seen a company admit they have been cooking the books?

If there is no clear precedant, then they aren't following the rules. Period.

Leaving this hanging uncertainty and playing these games to lead the poor trusting souls still holding the stock down the crapper is dirty pool. It's the same dirty pool they used in admitting (denying) the slowdown. The rest of the management teams worldwide could see it months ago, why couldn't they? Fixated on their personal wealth and fame rather than the business maybe? Maybe that now-forgotten desire to purchase a sports team should have been the first clue.

This will all continue to pressure the stock, because they are still leaving dangling threads that they hope they can sew up without anyone noticing. As you said Fred, "come clean Henry." 2-4 times trailing sales (which will be higher than forward sales) is not out of the question.