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Technology Stocks : Alliance Semiconductor (ALSC) To Acquire Stake In Broadcom -- Ignore unavailable to you. Want to Upgrade?

To: Norrin Radd who wrote (3)	1/30/1999 7:14:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 16

BROADCOM CORPORATION ANNOUNCES 2-FOR-1 STOCK SPLIT IRVINE, Calif. - January 26, 1999 - Broadcom Corporation (Nasdaq: 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.