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

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To: neverenough who wrote (5926)6/1/2001 10:55:52 AM
From: Stoctrash  Read Replies (1) of 6531
 
too da moon...

Broadcom (BRCM) 34.72 +1.63: SG Cowen in their Tech Radar reports that recent channel checks for Motorola (MOT) lead firm to believe that the company has significantly reduced component order rates for cable headed equipment; additionally says despite rumors, they do not believe that there has been a pick up in the build rate and component order rates out of MOT; this does not bode well for BRCM which derives 20-25% of its revenues from MOT
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