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

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To: DOUG H who wrote (1799)6/7/1999 6:23:00 PM
From: Patriarch  Read Replies (4) of 6531
 
Granted, you have to take this with a grain of salt, but I found this on the COMS thread:

Broadcom - Being Shopped - The-Adviser.com is
exclusively reporting that Broadcom Corp, an
integrated circuits maker for broadband
communications is being shopped by an elite Wall
Street firm. Our sources indicate that a presentation
detailing synergies and potential deal structures was
presented to senior management of several
companies including Intel and Texas Instruments.
Broadcom currently trades at $110 as compared to
$83 11/16 when originally recommended by
The-Adviser.com on 4/18/99. With the proliferation
of broadband networks and the convergence of the
television set with the PC, our analysts believe that
Broadcom is in the right market in the right time.
They supply virtually every computer chip that
goes in a cable modem or digital box. An acquisition
by Texas Instrument or Intel would make
business and financial sense.


Message 10005836

It's all speculation, but TXN has made a lot of purchases in the past few weeks. And, could INTC be having second thoughts on LEVL??

Any thoughts,
Pat

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