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

To: A. Robbins who wrote (4440)	10/20/2000 7:08:25 PM
From: neverenough	Read Replies (1) \| Respond to of 6531

Pretty quite here today, what happened? Where are the doom & gloomers? 32 points and a great earnings report have a way of humbling I guess. RESEARCH ALERT-Broadcom EPS views raised NEW YORK, Oct 19 (Reuters) - Credit Suisse First Boston and Goldman Sachs said they raised their outlooks for profits per share from communications semiconductor maker Broadcom Corp. (NASDAQ: BRCM) on Thursday. Broadcom reported better-than-expected earnings on Wednesday with strong revenue growth. In a report, Credit Suisse First Boston analyst Charlie Glavin raised his estimate of 2000 earnings per share to $1.01 from 90 cents. He also raised his outlook for 2001 earnings per share to $1.35 from $1.22. He kept his buy rating on the shares. "Broadcom posted yet another consecutive quarter of very impressive results," Glavin said. Goldman Sachs analyst Nathaniel Cohn raised his outlook for fiscal 2000 earnings per share to $1.01 from 90 cents. He also boosted his estimate for fiscal 2001 profits a share to $1.42 from $1.25. "We ... believe the stock should continue to provide significant appreciation for investors from these levels," he said in a report.