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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Charger who wrote (4)4/7/1998 11:43:00 AM
From: Clam Clam  Read Replies (2) of 6531
 
You cannot predict what is inherently an imbalanced IPO process. This is a breakthrough component technology company. It is some kind of mix of Galileo (ramping unit sales) and @Home (cable modem buzz). This is as hot an IPO as you are going to find but Morgan Stanley is not the worst at pricing deals so they probably open it in the high 20's or low 30's.

If VRSN is today trading at a market cap of $800mm, BRCM is probably going north of $1.5 billion ($35++). VRSN is ahead of itself, IMO but BRCM is as well-positioned as you could hope.
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