Proof of a Limit Theorem

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The theorem is a bit long so I didn't want to include it in the title. Basically, here's what I'm trying to prove:

Let $f$ and $g$ be two functions. Suppose that $f(x)$ is bounded in some deleted neighbourhood of $x_0$ and $g(x) \to \infty$ as $x \to x_0$. Then:

$\lim_{x \to x_0} \frac{f(x)}{g(x)} = 0$

$\lim_{x \to x_0} \frac{g(x)}{f(x)} = \infty$


Proof Attempt:

Let $M>0$. Then, there exists a $\delta_1$ such that:

$0 < |x-x_0| < \delta_1 \implies |f(x)| \leq M$

Since $g(x) \to \infty$ as $x \to x_0$ if and only if $\frac{1}{g(x)} \to 0$ as $x \to x_0$, for any $epsilon > 0$, there is a $\delta_2$ such that:

$0 < |x-x_0| < \delta_2 \implies |\frac{1}{g(x)}| < \frac{\epsilon}{M}$

Define $\delta = \min\{\delta_1,\delta_2\}$. Then:

$0 < |x-x_0| < \delta \implies |\frac{f(x)}{g(x)}| < M \cdot \frac{\epsilon}{M} = \epsilon$

Hence, that proves that $\frac{f(x)}{g(x)} \to 0$ as $x \to x_0$.

Let $h(x) = \frac{f(x)}{g(x)}$. Then:

$\lim_{x \to x_0} h(x) = 0 \iff \lim_{x \to x_0} \frac{1}{h(x)} = \infty$

Hence, $\lim_{x \to x_0} \frac{g(x)}{f(x)} = \infty$.

Alternatively, for any $\epsilon > 0$, there exists a $\delta_1$ such that:

$0 < |x-x_0| < \delta_1 \implies |g(x)| > \epsilon$

For any $M>0$, there exists a $\delta_2 > 0$ such that:

$0 < |x-x_0| < \delta_2 \implies |f(x)| \leq \frac{\epsilon}{M}$

Define $\delta = \min\{\delta_1,\delta_2\}$. Then:

$0 < |x-x_0| < \delta \implies |\frac{g(x)}{f(x)}| > \epsilon \cdot \frac{M}{\epsilon} = M$

That proves that $\lim_{x \to x_0} \frac{g(x)}{f(x)} = \infty$.

Does my argument above work? If it doesn't, why? How can I fix it?