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


To: Stoctrash who wrote (1248)4/11/1999 8:19:00 PM
From: Robert S.  Read Replies (1) | Respond to of 6531
 
Fred, as I mentioned in an earlier post, BRCM's integrated circuits are manufactured for high growth communications end markets and are not limited to any one area of high-speed transmissions.

BRCM produces chips for satellite communications, cable and DSL modems, high-speed networking, and set-top boxes. These targeted markets all have excellent growth rates. For example, CAGR projections through 2001 are as follows:

Direct satellite broadcast = 27%

xDSL = 89%

High-speed networking = 36% to 87%

Cable set-top boxes = 70%

Cable modems = 177%

BRCM should be a major provider, if not predominant, for each of these end markets; when coupled with the accelerated growth expected for each of these sectors, BRCM's earnings should do exceptionally well going forward, easily justifying its market capitalization, IMHO.