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

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To: Stoctrash who wrote (6014)7/18/2001 4:59:44 PM
From: DiB   of 6531
 
Broadcom (BRCM) 39.00 -3.27: -- Update -- On conference call, company said it "expects to return to normal growth patterns by the end of the year, or early next year."

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On call, company said it expects sequenitally flat revenue in Q3 which was $210.9 mln. This is in-line with consensus Q3 rev of $208.4 mln; also, gross margin will be flat and pro forma loss per share should be same as Q2, which would be $0.02 less than consensus...also, DSOs declined to 32 from 42 last quarter...

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On call, company described a number of design wins. BRCM said it has achieved design wins at virtually every Voice-Over-IP (VoIP) OEM producer....
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