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Pastimes : Home on the range where the buffalo roam
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To: Venkie who wrote (9262)10/8/2002 1:48:08 PM
From: stockman_scott  Read Replies (1) of 13815
 
Broadcom (BRCM) 9.79 +0.09: Legg Mason is transferring coverage and upgrading to BUY from Hold rating with price target of $19, believing BRCM is a premier company in the communications semiconductor industry, providing investors unique exposure to a mix of growing end markets and solid management execution; co. has continually demonstrated its ability to identify emerging opportunities and then effectively direct its assets to capitalize on that potential; also BRCM is likely to be a key beneficiary of the equipments industry increased usage of outsourced manufacturing.
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