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Technology Stocks : Source Media SRCM

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To: Ellis Rudman who wrote (78)4/19/1998 8:05:00 PM
From: songw  Read Replies (1) of 3015
 
From tomorrows IBD

On the upside, Broadcom rocketed 29 5/8 to 53
5/8 on its first day of trading. The Irvine, Calif.-
based maker of high-speed chips for cable
modems and digital television set-top boxes
offered 3.5 million shares. They were priced at
24 and opened at 62.

Source Media darted up 2 1/16 to 17 7/16 on
seven times its usual trade. The Dallas-based
company, which has yet to turn a profit, also
provides technology for delivering the Internet
through digital cable TV set-top boxes.

My guess- some think SRCM will be boughtout this weekend
BTW thnks archer for a gentlemanly exposition of your thinking
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