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To: Petrol who wrote (22822)	1/23/2003 4:25:25 PM
From: Petrol	Respond to of 57110

Broadcom posts quarterly loss, CEO resigns Thursday January 23, 4:19 pm ET IRVINE, Calif., Jan 23 (Reuters) - Communications chip maker Broadcom Corp. (NasdaqNM:BRCM - News), on Thursday posted a net loss of more than $1 billion for the fourth-quarter as it took a noncash charge for impaired goodwill and said President and Chief Executive Henry Nicholas had resigned. The company reported a net loss for the quarter of $1.76 billion, or $6.40 per share share, compared with a loss of $329.6 million, or $1.27, a year earlier biz.yahoo.com