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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: DJBEINO who wrote (7172)3/27/2000 10:27:00 AM
From: DJBEINO   of 9582
 
BRCM up 6 1/2, CHRT up 11 1/4 , ALSC up 2 1/8
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RESEARCH ALERT - SG Cowen starts Broadcom as buy
NEW YORK, March 27 (Reuters) - SG Cowen initiated coverage of Broadcom Corp. (NasdaqNM:BRCM - news) , a maker of high-speed communications semiconductor chips, with a buy rating, the brokerage said on Monday.

-- Analysts Drew Peck and Rick Billy assumed joint coverage. They made the move while attending the annual SG Cowen Global Technology Conference, which kicked off in Cannes, France, on Sunday.

No further details were immediately available.
-- Stock closed Friday at 233 on Nasdaq.
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