Thursday, February 08, 2007

 

Fly Buy: BRCM

I bought 3,000 BRCM @ $33.29.

Disclaimer: If you buy BRCM because of this post, they may miss earnings. And, you may lose money.

Comments:
Broker A,

I know you previously were down on CMGI. It still has a bad reputation from its big fall in 2001. However, it appears to have cleaned up its books and is rebounding. It is up 14% today and I see potential for a double over the next year. Have they done enough to change your opinion?
 
Both SFE and CMGI look good. I like the balance sheet.

Thanks for reminding me.
 
Are you going to hold this into earnings?
 
No. I am riding it for momentum.

BRCM is too risky for me.
 
I think hints don't come any Escherian than that.
 
If BRCM is too risky, does that make one consider the sale of SNDK given its post-earnings recovery?
 
Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?

 Subscribe in a reader

DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.