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Technology Stocks : BROADCOM (BRCM) - upcoming IPO
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: Dennis who wrote (17)4/2/1998 5:51:00 PM
From: Ed Moss  Read Replies (1) of 39
 
Hey Dennis,

We can only hope for another Rambus, eh? I'm honestly not qualified to speculate further than I have already. Underwriters normally price IPO's in order to achieve that 10% opening increase. This one seems to be pretty hot so far, so I'm inclined to bet on a slightly higher opening price.

The company is financially sound with some big customers and great technology (Chips used in Ethernet, DBS, cable modems, and set-tops).

The reading is dry, but try downloading the S-1/A from Edgar.
Lot of good info in it if you are willing to put in the time. Personally, I'd be happy if its another RELTEC (RLT, priced at 29 initially) Good luck!
Ed
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