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

To: srvhap who wrote (24)	4/14/1998 11:18:00 PM
From: Rex Dwyer	Read Replies (1) \| Respond to of 6531

Does anybody have a pricing update? Do we all confer that the stock opens on Thursday morning?? Rex

To: srvhap who wrote (24)	4/14/1998 11:33:00 PM
From: Clam Clam	Read Replies (1) \| Respond to of 6531

What are you talking about? This company is solidly profitable. There is hype but this is a blue-chip IPO. Reminds me of AFCI and ATHM: great management, great products, high valuation.

To: srvhap who wrote (24)	4/14/1998 11:58:00 PM
From: neverenough	Read Replies (2) \| Respond to of 6531

srvhap, no I'm not kidding. I would be quite happy to get in below 30, of course around 20 would be better. <<This company is losing money and projects loses into the future!!>> BRCM began shipping products in 1994. As of December, 1997 quarter: Sales-$70 million; Gross Margin-71%; Pretax Margin-24%; After-tax Profits- $10 MILLION. Product revenue doubled last 3 quarters, back to back: June $4.2 million; September $8.1 million; December $15.4 million. They have a number of new product rollouts due in 1998. Not to mention they are in one of most explosive growth markets. This company needs no "HYPE", their going to SIZZLE on their own. Nigel