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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: Rex Dwyer who wrote ()2/4/2000 7:36:00 PM
From: Didi   of 6531
 
Banc of America Securities Analyst' take on BRCM:

"Growth in Communications Industry to Lead Upturn in Semiconductor Arena Competition Among Network Providers Will Keep Moving From Hardware-Centric To Software-Focused...

EXECUTION: On the residential side of the market, he believes there is no better-positioned company than Broadcom (Nasdaq: BRCM, $311.25, Strong Buy)* as we enter 2000. Gauna believes that Broadcom's premium is warranted given the instrumental role the company is playing in the evolution of next generation Internet communications...."

briefing.newsalert.com
................

Resistance/support levels for Mon., 2/7/00:

R2 = 336 7/16
R1 = 323 11/16
S1 = 302 2/16
S2 = 293 5/16

Above mere rough estimates per EPC, no guarantee. Please do your own DD.

Have a pleasant weekend everyone.

di
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