Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Jim Paxton who wrote (661)	1/22/1999 6:10:00 PM
From: Obiwan Kenobee	Read Replies (2) of 6531

I recently sold my position in BRCM. I am thinking of buying some shares back but the news that the BRCM lockup is over is somewhat of a concern. The trading pool for BRCM has increased from 8M shares to a total of 34M shares. Also, since the company is in a quiet period, insiders, who have the majority of the 26M new shares, cannot trade until earnings have been announced. The top two guys control about 20M shares and I highly doubt they will sell in any real quantity but that still leaves a whole bunch more on the table. Any opinions on whether this will impact the price of the BRCM? May the force be with us...

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