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

To: techtfh who wrote (6345)	8/29/2002 8:42:24 PM
From: Stoctrash	Read Replies (1) \| Respond to of 6531

Best of luck dude....stock should be renamed Broad-Con!!

To: techtfh who wrote (6345)	9/18/2002 9:35:33 AM
From: uu	Read Replies (3) \| Respond to of 6531

For the record: 01/19/00 – Dain Rauscher Wessels raises price target from $150 to $215. Stock closed at $159.03 02/09/00 – D.B. Alex Brown starts at Strong Buy. Stock closed at $168.47 02/24/00 – In the intoxicating stupor of the NASDAQ approaching 5000, Paine Webber initiates coverage at Attractive. Stock closed at $186.88 – over 405 times trailing earnings. 11/27/00 – Salomon Smith Barney cuts price target from $300 to $200, citing “flattening orders” among others, but reiterates a Buy rating, claiming that such concerns are “already built into the stock.” Stock closed at $97.56 11/29/00 – Morgan Stanley Dean Witter ups stock from Outperform to Strong Buy, reflecting the “recent sell-off, strength of business conditions and current valuation parameters.” FYI: Those “valuation parameters” were more than 206 times earnings. Stock closed at $95.00 12/06/00 – C.E. Unterberg Towbin initiates coverage at Buy. Stock closed at $115.63 01/24/01 – Kaufman Brothers ups stock to Accumulate from Hold. Stock closed at $124.94 02/01/01 – Lehman Brother initiates coverage with Market Perform rating. Stock closed at $107.00 02/26/01 – UBS Warburg cut its 12-month price target from $300 to $160, but maintained a rating. Stock closed at $63. 12 months later, the stock closed 45% lower at $34.65 or 78.4% below target. 03/01/01 – Salomon Smith Barney dropped stock to Outperform – after insiders already unloaded 3,086,990 shares. A week later, the stock was dropped it to Neutral. Stock closed at $40.25 04/04/01 – Stock closes at a new 52-week low of $21.37 04/20/01 – After BRCM reports a $2.7 BILLION loss and at least 28 law firms filed suit against the company, J.P. Morgan ups stock to Long-Term Buy. Stock closed at $40.62 05/04/01 – Hotovec Pomeranz initiates coverage at Buy. Stock closed at $42.99 05/14/01 – Friedman Billings starts coverage at Market Perform and Lehman Brother ups stock to Buy from Market Perform. Stock closed at $37.20 06/08/01 – Prudential ups stock to Buy. Stock closed at $36.79 07/12/01 – W.R. Hambrecht upgrades stock from Neutral to Buy. Stock closed at $37.25 07/19/01 – After BRCM reports a $436 million loss, Goldman Sachs upgrades the stock to Market Performer. Stock closed at $30.69 09/04/01 – Salomon Smith Barney ups stock to Outperform. Stock closed at $30.73 10/01/01 – Stock closes at a new 52-week low of $18.77 10/18/01 – CSFB upgrades stock to Buy from Hold. Stock closed at $29.94 11/02/01 – ABN Amro upped stock to Add claiming the inventory correction that “decimated” the industry over the past year-and-a-half, “has run its course.” Stock closed at $37.85 11/13/01 – Pacific Growth starts stock at Buy. Stock closed at $45.59 11/27/01 – Bank of America initiates coverage at Buy. Stock closed at $49.92 01/09/02 – CIBC World Markets starts stock at Buy. Stock closed at $48.52 02/19/02 – UBS Warburg ups stock from Hold to Buy and raises its price target to $50 (whatever happened to $300?) Stock closed at $34.31 02/25/02 – Frost Securities starts coverage at Buy. Stock closed at $34.49 04/09/02 – C.E. Unterberg upgrades stock to Short-Term Long-Term Buy (what happened to the previous buy at $115.63?) Stock closed at $44.16 04/19/02 – A.G. Edwards ups stock to Buy. Stock closed at $38.56 05/07/02 – CIBC World Markets ups stock to Strong Buy with a price target of $55 and Pacific Growth reiterates its Buy rating, believing the sell-off was overdone. Stock closed at $24.72, almost half of what it was when coverage was initiated just four months earlier. 06/18/02 – Morgan Stanley ups stock to “Overweight” to “Equal Weight” citing improving fundamentals and valuation (what happened to the Strong Buy at $95?) Stock closes at $22.15. 09/17/02 – Stock closes at a new 52-week low of $13.59