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

To: Stoctrash who wrote (6004)	7/6/2001 7:43:58 AM
From: chojiro	Read Replies (1) \| Respond to of 6531

<<A spokesman for Irvine-based Broadcom said the company reduced its workforce in June, but he declined to comment on the numbers. The company will elaborate on the workforce reductions when it announces its first-quarter results in the next two weeks, the spokesman said.>>> Sure, I'm bias, but it sounds to me like business is coming to a screaching hault. What's your guess 20% of the workforce? Maybe 30%? BTW, you were the one that was posting all the info on them giving away shares for business. Have you followed on that recently? What sort of impact might that have on this coming Q? Or has most of that already been washed out?