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

To: Patriarch who wrote (699)	1/26/1999 7:52:00 PM
From: Patriarch	Read Replies (1) \| Respond to of 6531

Today's news from Bloomberg: Broadcom Corp. (BRCM): The leading maker of cable-modem chips said net profit surged 419 percent, beating analyst forecasts, on strong demand for its digital television set-top box chips. Earnings rose to 26 cents a share, from 6 cents a year earlier. Analysts polled by First Call had an average estimate forecast of 20 cents a share. Broadcom also said it plans a 2-for- 1 stock split on Class A shares effective Feb. 17 for shareholders of record on Feb. 5. Broadcom rose 9 1/4 to 129 1/2. quote.bloomberg.com