anyone know the deal with the antitakover
provisions brcm has in its charter? from what i understand,
the company can't be taken over for five years from
the time it went public, but i can't confirm
anyway, i think us longs need to be patient on this one.
it had a nice run on enormous volume after the
earnings report. it may take a couple of sessions to break
through the highs set that day. i bought brcm about a
year ago and i still have a hard time reading the
good luck all.
I would think the opposite of your analysis. The
employees work because they enjoy their jobs and want to
someday be multi, multi-millionaires.
for MediaOne validates that broadband will be the
standard. This is the beginning of Broadcom. Additionally,
BRCM's results show their strength and
Long and happy.
I bought into it !!!. It's 9/10 times a stock
would go down right after I bought into it and would
sky-rise immediately after I dispose it. :)
let you know when I am ready to get out so you longs
can increase your position. At the mean time I intend
to hold it since I love what I am seeing in BRCM.
So; it's your choice to grab your profit now or ride
BRCM down to 65 with me !
Happy trading :)
The worst is yet to come, trust me. typical
pattern of going down after the earning for BRCM now. The
insiders are cashing in big because they know INTC is on
their way up and CNXT is cathcing up too. The sales
lately really sucks.
soon. BRCM's millionairs are cashing in their
shares and they all know the coming quarters will be
bad. The first quarter usually the best for BRCM and
networking chips are sold maily on first quarter. Wake up
everyone, dump the damn shares. You are only the feeding
those lazy millionairs. 300 out of 500 BRCM employees
are fat millionairs now according to CNBC. SO how can
they work hard any more. They only care about cash in
the paper money and go and retire. Dump immediately.
I am not short and trust me. It is amazing BRCM
still stands where it reported earning 3 months ago.
While others like INKT has doubled since. Never hold a
hardware company for long term. Directors will be able to
i was surprised by today's poor performance by
brcm today. i know it was up 8 yesterday, but on a day
like today with the nasdaq bursting at the seems to
the upside and following a terrific earnings report,
why is this stock down 3 bucks today? why so much
trouble with the 75-76 area? if the markets had gone down
sharply today, would brcm have given back its entire gain
from yesterday and closed at 65?
i know a lot
about stocks but i've only followed this one for about
2 months, so i haven't watched the tape on brcm
right after a good earnings report before. i would
appreciate some insite from anyone who follows this stock
like a hawk. i bought a may 70 call on brcm about a
month ago w/ the stock at 62 for 6. now the stock is at
70 but with the loss of time premium the option is
only worth about 6 1/2 at the close. not sure if i
should dump this thing and avoid a loss or hold for a
run to 85 or so over the next few weeks. i thought
earnings would be awesome b/c brcm is perfectly positioned
in a terrific industry. they were awesome, but this
option purchase is on the verge of not working out. any
informed replies would be appreciated.
If you take the same earnings increase as the
last one and figure it at each quarter, it is very
possible, in my opinion. Also, there are possibly new
products coming along.
By the way, where is Mr.
Kir? Was he a "closet" long all the time, who was
trying to get the price down, so that he could buy more