Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Didi who wrote (5007)	12/21/2000 12:01:15 PM
From: edamo	Read Replies (1) \| Respond to of 6531

disu...you miss something extremely important...can brcm remain red hot if the roll out of broadband is being delayed due to lack of capital and borrowing power of the cable providers? not many cable companies are dancing in the streets due to their current and future prospects... basically brcm no different then intc in the sense of product sales are driven by demand created by the final assembler of their components....intc in pc's and brcm in broadband...slow down at the consumption level equates to same in the chip arena.. remember the media selected bezos as man of the year, embraced the business model of cmgi and saw qcom at 1000.... does the weakness in brcm indicate anything to you? or is it just an error by the markets.....it hit a new low today...what is on the broadband horizon that bodes well? if i look at your comparisons, atml looks a great deal better then brcm, even in 01 eps growth

To: Didi who wrote (5007)	12/21/2000 4:14:43 PM
From: Didi	Read Replies (1) \| Respond to of 6531

From CNET... cnetinvestor.com >>>WR Hambrecht & Co. Comment on ALTR, BRCM, RNWK and XLNX 12/21/00 7:41:00 AM Source: WR Hambrecht & Co. Broadcom Corp. NASDAQ: BRCM Rating: BUY (We anticipate the stock will outperform its peer group over the next 12 months.) Sector: eNetwork Technologies Price Target: $200 BRCM: Lowering Numbers Based on Increasing Risk Jim Liang lowers March 2001 quarter and FY2001 estimates for Broadcom and maintains Buy rating. We are lowering our numbers for the March 2001 quarter and for year 2001, based on what we see as increasing risk to our previous estimates. We believe that the inventory correction in the communications chip space is beginning to unfold, as evidenced by the pre-announcement from Conexant, which indicated that its Internet infrastructure chip business will be sequentially down in the December quarter as a result of inventory corrections at several network equipment customers. Maintain Buy Rating. <<<