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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Stoctrash who wrote (5733)	3/14/2001 10:40:05 PM
From: Bernard Levy	Read Replies (1) of 6531

FredE Hadass Geyfman at globes.co.il (English edition) has another great article on BRCM based on an interview with its CEO. The title of the article is ``Broacom's Nicholas: I tell my accountants what I want and they take care of it.'' Wow, these Israeli journalists know how to go for the jugular real fast. I liked the line: ``The adroit tongue and disingenuousness of this ostensibly innocent victim of a tragic misunderstanding are only part of a personality as transparent as glass.'' Sounds like Nick really impressed Geyfman. Also, did you catch the SEC announcement indicating they are going to go aggressively after the way companies report revenue, indicating it is the biggest source of fraud on WS? Geyfman's article indicates the discount to COMS on BRCM chips attained through the warrants was 69% The restatements are going to slice BRCM's revenue big time. Regards, Bernard Levy

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