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


To: uu who wrote (94)4/18/1998 12:42:00 AM
From: srvhap  Read Replies (1) | Respond to of 6531
 
<<Well just for the heck of it and purely as a gamble I just bought 250 shares at $57.75.
Will buy additional 250 shares for every 20% drop till I have 1000 shares. If I get 20%
gain by end of next week without the stock dropping by 20% from its current level, then
I will sell my 250 shares and just be a happy camper for a quick 20% return! On the
other hand if it drops by 100%, Oh well, I guess this will have been a true gamble after
all!!>>

This is as you say a gamble (I say a REAL gamble - buy a lottery ticket is cheaper and the odds are most likely better :) I say wait 30- 45 days so that the shorts can get on it then watch the price and the action.