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Technology Stocks : Full Disclosure Trading

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To: Return to Sender who wrote (2203)	9/27/2002 9:37:14 AM
From: Return to Sender	Read Replies (1) of 13403

BRCM ST SS 2000 shares@11.67 - Huge earnings estimates cuts and a downgrade on this stock could make it difficult for BRCM to find any upward momentum until it reports earnings next month on Oct 16 after market. From Briefing.com: Sep 27 2002 8:15 AM In Play Goldman Sachs cuts estimates for Comm IC stocks : Goldman Sachs cuts 2002-03 ests for AGR.A, AMCC, BRCM, CNXT, PMCS, TUNE, TXCC, and VTSS; says recent checks combined with further end mkt deterioration makes firm increasingly concerned about the slope of growth in Q4 and the magnitude of the recovery in 2003; maintains ests for MRVL. Sep 26 2002 1:02 PM In Play Broadcom hits new 52-week low (BRCM) 11.87 -2.03: -- Update -- Stock hits a new 52-week low; this morning's estimate cuts for Salomon Smith Barney at least partly to blame, though a recent acceleration of the selling has traders looking for other reasons as well. Salomon now sees a 2003 decline in worldwide set-top boxes of 30%, double its previous estimated decline; cuts 2003 BRCM estimate to $0.03 from $0.29 (consensus $0.28). finance.yahoo.com RtS

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