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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.95

+0.2%

Dec 5 9:30 AM EST

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To: bgg who wrote (13497)	4/17/1998 11:26:00 PM
From: Gujju Bhai	Read Replies (2) of 77400

Folks: Hear this.... one of the talking heads on TV talked about an IPO which was offered today.... it is named BroadComm Corp... makes chips for cable boxes that allow Internet access on TV ... offering price was $24 and it went up over 150 % ... closed at 53 5/8 today.... now, here is the good news for us.. CISCO has participated in the offering and has bought 500,000 shares at $24.... which means that by the close of business today, CISCO made 500,000 (53 5/8 - 24)= $15 million. Oh ya, CISCO is also one of the major customers of BRCM product... CONCLUSION: Hang on to CISCO and go buy BRCM... it is going to be sizzling hot IPO.

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