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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: uu who wrote (6315)8/21/2002 2:22:25 AM
From: Bernard Levy   of 6531
 
Addi:

I am afraid your VC comments are way off the mark.
You apparently don't know that the two Henrys
(Nicholas and Samueli) were part of the group that founded
PairGain way back in the early 90s. After leaving
PairGain they ploughed all the proceeds in the founding
of BRCM and were able to bring it public with
very little VC funding, so even after BRCM became
public they owned more than 50% of the company.

I would not count on BRCM going under. It has top
technical talent, but the maturity of its CEO is
questionable.
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