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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

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Feb 9 4:00 PM EST

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To: Henry Niman who wrote (892)	2/19/1999 8:13:00 AM
From: Mr. Miller	Read Replies (1) of 6531

Hidden Gems (QWST, GBLX, BRCM) From: Henry Niman Date: 2/18/99 Time: 5:10:20 PM Remote Name: 12.79.44.148 Comments CNBC just had a Hidden Gems segment. Focused on the technology sector and the need for more capacity for data networks. Goldman Sachs analyst Richard Klugman said that there was a sea change requiring faster and larger data connections. Those building these pipelines will be the winners. Merrill Lynch analyst Joseph Oshe said many did not have enough bandwidth, ranging from the broker dealing room. to private homes, to modems. Discussed Quest Communication (QWST) who was cheaper to operate than the big telecommunications companies.. Also mentioned Global Crossing (GBLX) who had the first independent fiber optic cable linking companies across the ocean, which is important since the Internet is truly global. Also mentioned a semiconductor company Broadcom (BRCM) who was a leading chip supplier for set top cable boxes. As analogue is being replaced by digital, volume will increase leading to a prediction of $900 million in two years.

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