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 (5389)	2/7/2001 1:33:16 PM
From: Didi	Read Replies (1) \| Respond to of 6531

CBS: "Broadcom will still see growth" www2.marketwatch.com >>>Broadcom will still see growth By Jason Margolis, CBS.MarketWatch.com 1:25 PM ET Feb 7, 2001 SAN FRANCISCO (CBS.MW) -- Despite the softening integrated-circuit market, Broadcom's CEO said Wednesday he does not expect to wind up in the same position as Cisco, which missed quarterly earnings on Tuesday. See full story. "We are still seeing growth." Broadcom CEO Henry T. Nicholas told investors at the Banc of America Technology Week Conference. He said the company continues to generate cash and has no need to access the public market, but he did say the company is not expecting the amount of growth given in previous estimates. On a Jan. 24 conference call, Broadcom had said that it expected revenue to climb 22 to 23 percent sequentially. Broadcom (BRCM: news, msgs) shares were off 11 percent, falling $9.75 to $82.75 in sympathy with Cisco. Shares of Cisco (CSCO: news, msgs) were off $5 to $30.75. <<<