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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	5/2/2001 1:42:58 PM
From: besttrader	of 37746

Broadcom (BRCM) 46.60 +4.64: In an intraday call, Merrill Lynch provides update on the communications semiconductor maker following presentation at firm's Hardware Technology Conference; BRCM management expects inventory correction to be finished by Q3/Q4 of this year; sees resuming growth by year-end; anticipates gigabit market to see high level growth in second-half of year; in the cable set-top market, company does not see an inventory glut and is optimistic because the market is only 10% penetrated wtih digital set-top boxes. In server market, expects to integrate its switching and security technology into its server products going forward.

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