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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. David Gleitman who wrote (2659)	9/10/1999 3:28:00 PM
From: Stoctrash	Read Replies (1) \| Respond to of 6531

...Ask the BRCM permabulls,,, ...or read my last 10-20 posts here for why I think so. To save you the time,,,here is the "short" version: Competition from: PMCS, TXN, INTC, IBM, CXNT, TERN, and about 20 other network, dsl, cable, and STB chip makers has or will eat into BRCM's dominance of these markets, killing their margins, and stunting their revenue growth. Management is still kick but...and that is hard to put a value on, but I am still worried that Dr. Henry will be side tracked with his venture to buy the Ducks and the Angels sports teams and not focus 110% on BRCM's chess moves.

To: Dr. David Gleitman who wrote (2659)	9/10/1999 4:32:00 PM
From: jackmore	Read Replies (1) \| Respond to of 6531

Dr G, Re: Can someone fill me in on why this is performing so poorly in comparason to the other tech stocks? This may be a factor. Disney nears deal to sell Angels, Ducks - paper LOS ANGELES, Sept. 10 (Reuters) - An investor group led by local Internet businessman Henry Nicholas III is close to buying the Anaheim Angels baseball and Mighty Ducks hockey teams from the Walt Disney Co. for $400 million to $500 million, the Orange County Register reported on Friday. Acquisition talks, widely rumored in entertainment and sports circles and published in newspapers around the country, are near the letter of intent stage, according to the paper. Disney officials and a spokesman for Nicholas, however, remain tight-lipped on the negotiations, declining to comment on details or even confirm the talks. The Register reported Michael Eisner, chairman of the Burbank, Calif.-based Disney <DIS.N>, met with the investor group over the Labor Day holiday weekend, and Disney has asked Major League Baseball officials for permission to open the Angels' books to the investor group. Owners of professional baseball teams are allowed to vote on changes in control of various league teams, and Major League Baseball does extensive background checks on new owners before a vote. Those checks can take months to complete, so a final deal could be far down the road. Nicholas is a co-founder and chief executive of Broadcom Corp. <BRCM.O>, a maker of specialized semiconductors that allow rapid data communications over the Internet via cable TV and other systems. Broadband is based in Irvine, Calif., south of Los Angeles in Orange County. The Angels and Ducks also are based in the county. The Register said other investors in the Nicholas-led group included Broadcom co-founder Henry Samueli and Marvin Winkler, chairman of Gotcha International, parent of Gotcha surfwear. The three are partners Gotcha Glacier, an indoor snowboard and sports park planned to be built next to Edison International Field in Orange County, where the Angels play. Along with Winkler's wife Sherri, the businessmen are partnered in a company called Broadband Interactive Group, which hopes to develop sports-related content for broadcast over the Internet and television. Broadcom shares were off $3.38 at $122 by mid-afternoon on the Nasdaq market system, while Disney shares lost about 81 cents to $27.94 on the New York Stock Exchange. Disney is currently shedding non-core entertainment assets and streamlining operations at several divisions following recent quarters of earnings underperformance and a stock price that lags behind the market. ((bob tourtellotte, 213-380-2014, Los Angeles bureau)) REUTERS Rtr 16:01 09-10-99 Copyright 1999, Reuters News Service. All rights reserved. Replication or redistribution of Reuter's content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. ¸ Copyright 1999, The Nasdaq Stock Market, Inc. All Rights Reserved. Please read our Disclaimer, Trademarks, and Privacy Statement.

To: Dr. David Gleitman who wrote (2659)	9/10/1999 5:54:00 PM
From: Roger Hess	Read Replies (1) \| Respond to of 6531

I bought some in the early part of the year and am up 85% as of today. I think if you stick with it awhile, you'll be rewarded. Check this out: iqc.com Look below at the Stochastics chart. When Stochastics are 20 and below, it can be a good time to buy. When Stochastics are 80 and above, it can be a good time to sell. Looks like you bought it when the Stochastics were in the 80 range. Stick with it awhile. Like, 5 to 10 years.

To: Dr. David Gleitman who wrote (2659)	9/10/1999 5:54:00 PM
From: Drake	Read Replies (1) \| Respond to of 6531

David, I picked up more at $139, and I'm not selling for the next several years, unless something comes to light that drastically changes the present situation. No matter how many people talk about all the competition to BRCM, the fact remains that management has done an outstanding job, and as one of the Henrys said (not verbatim), "Our management team is so intellectual that if we don't do well as a company, we can start our own university". The plain reason for the retrenchment of the stock price, imo, is the high PEG (PE as compared to the guesstimated "projected growth rate"). As I stated, management has done as outstanding job, and if the quote above (from Henry) is true I have every reason to believe the future is bright -- after all, when you're buying a company's stock you're buying the capabilities of its management team. dc