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Strategies & Market Trends : Galapagos Islands
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To: Oral Roberts who wrote (32004)3/12/2003 9:48:30 AM
From: Jorj X Mckie  Read Replies (2) of 57110
 
07:44 ET BRCM Broadcom upgraded at Solly (14.09)
Salomon Smith Barney upgrades to In-line from Underperform based on their expectation that the news flow for the co is gradually shifting from negative to positive; says co is making significant progress in diversifying its rev mix, which is mitigating their concerns about its exposure to the cable mkt; raises 2003 est to $0.19 from $0.16 and 2004 to $0.41 from $0.37, both slightly below consensus. Target is $15.
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