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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Tony Viola who wrote (131450)4/2/2001 1:38:34 AM
From: The Duke of URLĀ©  Read Replies (1) of 186894
 
It doesn't seem to be mentioned in the article and should be noted that:

Intel invested 5MM in brcm 4 years before it went public. I don't know how much this would translate into in "founders" stock.

Brcm has been requested by the sec to and will restate earnings. They were giving there customers warrants in brcm stock in proportion to customer purchases. This could be construed as a disguised discount, not reflected in earnings.

Brcm LOST 700MM in fiscal 2000 according to Hoover's. I don't know is this is inclusive or exclusive of the restated earnings.

The article does seem to point out that it will be difficult for Brcm to raise additional capital in the current market climate.
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