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To: Venkie who wrote (6276)	2/19/2002 1:26:41 PM
From: stockman_scott	Read Replies (1) of 13815

RESEARCH ALERT-UBS Warburg ups Broadcom to a "buy" Reuters Feb 19 2002 12:00PM NEW YORK, Feb 19 (Reuters) - UBS Warburg on Tuesday said analyst Alex Gauna raised the rating on communications chipmaker Broadcom Corp. < BRCM.O > to a "buy" from a "hold." Gauna also raised the price target to $50 a share from $45. He also revised his forecasts for the company's 2002 results to a loss of 15 cents a share from a loss of 20 cents a share and raised his estimate for 2003 earnings to 25 cents a share from 20 cents a share. No further information was immediately available. Shares of Broadcom rose 84 cents, more than 2 percent, to $35.87 on the Nasdaq.

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