Friday, December 02, 2005

New Position: (BRCM)

This morning I sold half of my position in NDAQ for a 108% gain. I am letting the rest run in that stock. I was going to pull the trigger on AX but I cannot buy at $59 and watch it fall back to $50. I feel I have enough volatility in that sector with my remaining shares of NDAQ. I rolled the money from NDAQ into BRCM. I feel BRCM is well positioned for the next year. They also make a chip for the XBOX 360 and many other popular electronic devices.


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