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

To: Jim Paxton who wrote (661)	1/22/1999 6:10:00 PM
From: Obiwan Kenobee	Read Replies (2) \| Respond to of 6531

I recently sold my position in BRCM. I am thinking of buying some shares back but the news that the BRCM lockup is over is somewhat of a concern. The trading pool for BRCM has increased from 8M shares to a total of 34M shares. Also, since the company is in a quiet period, insiders, who have the majority of the 26M new shares, cannot trade until earnings have been announced. The top two guys control about 20M shares and I highly doubt they will sell in any real quantity but that still leaves a whole bunch more on the table. Any opinions on whether this will impact the price of the BRCM? May the force be with us...

To: Jim Paxton who wrote (661)	1/25/1999 12:32:00 PM
From: Walter Liu	Read Replies (1) \| Respond to of 6531

I totally agree with you. Whoever thinks Broadcom is related to internet is at least partially wrong. This is a ASIC chip making company that the CEO privately said wants to be the next INTEL. Not the next Cisco Systems, who build internet routers and the routing protocol. The founders of this company is from UCLA Integrated Circuit group, their first employees are Dr. Samuelli's graduate students doing IC, not communication. On a different subject, does anyone know what is the whisper number for the earning report tomorrow?