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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Doug Robinson who wrote (896)	2/21/1999 5:17:00 PM
From: Robert Jacobs	Read Replies (1) of 6531

major companies often take small positions in competitors or potential competitors to hedge their bets...they also are acting more and more as VC's....a 4% position allows them to keep their ear to the ground but it is not enough to color their plans for a company with billions in sales.... Remember MSFT had a 10% position in Citrix systems when they threatened to develop a competitor to their Winframe software...CTXS went from 30 to 9 overnite. MSFT eventually resolved the biz part and bought a license...CTXS now at 75...

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