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

To: Patriarch who wrote (659)	1/26/1999 7:13:00 PM
From: Patriarch	Respond to of 6531

Broadcom Corporation Announces 2-For-1 Stock Split January 26, 1999 04:10 PM IRVINE, Calif.--(BUSINESS WIRE)--Jan. 26, 1999--Broadcom Corporation BRCM today announced that its Board of Directors approved a 2-for-1 stock split of its Common Stock, which will be effected in the form of a 100 percent stock dividend. Holders of Broadcom's Class A Common Stock will receive one additional share of Class A Common Stock for every share held on the record date of February 5, 1999. The additional shares will be distributed on or about February 17, 1999, by the Company's transfer agent, U.S. Stock Transfer Corporation. The Company's Class A Common Stock is traded on the Nasdaq National Market. A comparable stock dividend will be distributed to holders of Broadcom's Class B Common Stock, which is not publicly traded. After the distributions, Broadcom will have outstanding approximately 28 million shares of Class A Common Stock and approximately 62 million shares of Class B Common Stock. U.S. Stock Transfer Corporation may be contacted at 818-502-1404 or at usstock.com. About Broadcom Broadcom Corporation is a leading developer of highly integrated silicon solutions that enable broadband digital data transmission to the home and within the business enterprise. Using proprietary technologies and advanced design methodologies, the Company has designed and developed integrated circuits for some of the most significant broadband communications markets including the markets for cable set-top boxes, cable modems, high-speed networking products, direct broadcast satellite and terrestrial digital broadcast, and digital subscriber line (xDSL). Broadcom's world headquarters is located in Irvine, California, and may be contacted at 949-450-8700 or at broadcom.com.