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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (29667)	10/14/1999 4:37:00 PM
From: Benkea	Respond to of 99985

Lee: If you liked Sun's numbers, check out BRCM's: Broadcom Corporation Reports Record Third Quarter Revenue and Profit IRVINE, Calif. - October 14, 1999 - Broadcom Corporation (Nasdaq: BRCM) today reported record financial results for the quarter ended September 30, 1999. Revenue for the third quarter of 1999 was $138.4 million, an increase of 149% over the $55.5 million reported in the third quarter of 1998. Net income was $27.2 million, compared with net income of $5.2 million in the third quarter of 1998, an increase of 426%. Diluted earnings per share for the third quarter of 1999 were $.26, before a one-time charge for acquisition expenses of $4.1 million pre-tax, or $.03 per share. Including this charge, earnings per share for the quarter were $.23, based on 117.3 million weighted average shares outstanding. This compares with diluted earnings of $.05 per share on 105.9 million weighted average shares outstanding for the same period in 1998. Included in the earnings per share is the benefit the company has realized from a more favorable estimated income tax rate of 30.6%, down from the rate of 35% that had been accrued in prior quarters.

To: Lee Lichterman III who wrote (29667)	10/14/1999 5:37:00 PM
From: LTK007	Read Replies (1) \| Respond to of 99985

I admittedly learn by just listening/reading--don't have a original thought in my head that I know of---but that Pangora guy(who keeps predicting a further 20-35% downturn in the market on CNBC) when challenged that earnings growth will keep the market rolling,said "doesn't matter" And threw out some historical periods when earnings growth were strong and market turned mean anyway--are there any historians here that can back him up--your am I receiving misinformation.Max