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Broadcom Corp. Message Board

  • cash.mccall cash.mccall Oct 22, 2013 5:05 PM Flag

    Aggressively buying in after market

    I expect the Cverkoffs to show up on a yahoo board and I am never disappointed. The aftermarket was interesting. I was able to obtain scared money shares at under 25. Why was I buying aggressively? The sell stampede started 20 minutes before the earnings release meaning nobody knew the earnings and the tech shorts decided to just go with it to try to move the market. But earnings were stellar across the board so those who were buying aggressively hit the shorts hard.

    Forward guidance was not "weak" it was understated. Unless you were born under a rock, the reason Broadcom fell in disfavor with Samsung is because they are a chief supplier for the new Iphones. Bound by contract, they aren't allowed to mention it so it is never mentioned in guidance and most of you already know that. However the guidance was essentially appropriate for the cycle but again understated.

    Broadcom was crushed over the Samsung news but has yet to benefit from the Apple news. Apple has the go to product this cycle. And as you may also have noticed skyworks, another apple supplier has introduced a Broadcom front end for the next generation 5 G line.

    Though I thoroughly enjoy all the angry chump changers out here, my only remark is don't miss this train. Broadcom may have moved toward Apple and thus that sort of Apple wishy washy guidance but Since SARBOX was passed by that idiot Bush and the Liberals, forward guidance is a subject best avoided or understated. Besides it is very stupid to be concerned with guidance when the semi cycles don't conform at all to the quarterly earnings cycles. I assure what you are seeing now is revenue being driven from Apple for the new Iphone cycle and no matter what the critics say, Apple is going to pull monster numbers. Broadcom will ride that huge wave.

    Sentiment: Strong Buy

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BRCM
40.89-0.55(-1.33%)Sep 19 4:00 PMEDT

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