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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 (2421)8/15/1999 10:28:00 AM
From: Big Idea  Read Replies (1) of 6531
 
Did you know that GIC is a shareholder in BCRM?
In fact in June GIC sold 65,000 shares in an insider trade:
smartmoney.com

I think the Altocom deal is great for Broadcom it will give them a huge competitive advantage with embedded modem technology for use in portable devices, PCs and remote access servers. This market is no getting any smaller.
Also good to see the BUY rating from BancBoston - 3 months ago there were 3 analysts with a Strong Buy and 5 with a Buy (with 2 holds) now we have 3 analysts with a Strong Buy and 9 with a Buy (still 2 holds). This is excellent news. There are now 4 new major analysts following BRCM and the recent acquisitions are being meet with very favorable responses.

FredE - - Do you think some type of play with GIC is evolving and that is why GIC sold shares in June?
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