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

To: gpowell who wrote (1397)	4/26/1999 1:05:00 PM
From: mmeggs	Respond to of 6531

Minimal dilution: From CSFB research report BUY LARGE CAP Broadcom Corporation (brcm) Financial Implications - Long Term Opportunity Offsets Near Term Dilution Financially, BRCM is accepting about 2 cent per share, per quarter in dilution. Epigram has only nominal revenues at this point and is incurring the expense of over 50 people. BRCM will issue 4.6 mm shares for Epigram. This transaction, combined with the earlier acquisition of Maveric (which will close this quarter), will result in a reduction of our 1999 EPS to $0.70-0.75 from our current $0.80.