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SyndicateTwo

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SyndicateTwo

Re: MRVLReader post# 21

Wednesday, 03/26/2008 10:40:25 AM

Wednesday, March 26, 2008 10:40:25 AM

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Buy both. Why pile into just one. Technically, BRCM is breaking out. SIGM is still at the end of a fall with no technical reason to buy other than bottom fishing which in its case is a fundamental trade.

BRCM I think clearly is headed to the low $20s quickly here. I own the stock at $16.75 and $18 with short April $20 calls expecting a call out on them.

SIGM I am holding for a longer term gain with the expectation of a high $20s target.

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