Seeking Alpha
  • edje
    Chines33, great call on PRU, but wtf is going on with BRCM.. should I hold it?
    11/30/11
    Reply (8)
    • davshields: If you hold it, it'll go down. If you sell it, it'll go up. Either way, you lose.
      11/30/11
    • Leonid Kanopka: yes hold bcrm, it will go up!
      11/30/11
    • Chines33: No I am out of BRCM sold it last week. Into today long PRU APA EMC DD PG SBUX
      11/30/11
    • Chines33: Trimmed PG after big bounce on heavy buying at 61 ish
      11/30/11
    • edje: sarcasm leonid?
      11/30/11
    • Leonid Kanopka: no, no sarcasm! they outsource chip from foundries, thus eliminating the operational and financial risk of owning a manufacturing facility.
      11/30/11
    • Leonid Kanopka: this means they can stabilize gross margins even when sales have fallen.
      11/30/11
    • Leonid Kanopka: plus revenue growth, and strong cashflow for shareholders thru repurchase & div. not to mention its strategic aquisitions
      11/30/11