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Broadcom Corp. Message Board

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  • uffizigold uffizigold Apr 21, 1999 1:06 PM Flag


    BRCM is to broadband what Intel is to chips

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    • This morning I saw a couple promos for "power lunch" indicating our beloved CEO would be featured in an interview. Anybody see it?

      • 2 Replies to grolschman_99
      • --------------------------------------------------------------------------------
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        +9 5/8

        delayed 20 mins - disclaimer

        Wednesday April
        21, 1:15 pm Eastern Time
        Company Press
        SOURCE: Preferred Capital Markets, Inc.
        Capital Markets, Inc. Upgrades Its Rating Of Broadcom
        Corporation to a BUY from ACCUMULATE
        SAN FRANCISCO, April
        21 /PRNewswire/ -- The following is being issued by
        Preferred Capital Markets, Inc., a member of the National
        Association of Securities Dealers, CRD number

        Preferred Capital Markets, Inc, a brokerage firm servicing
        both institutional and individual investors with a
        focus in technology, telecommunications and medical
        technology today upgrades its rating of Broadcom Corporation
        (Nasdaq: BRCM - news) to a BUY from an ACCUMULATE and
        increased the 12-month price target to $85.

        company posted earnings of $.19 per share on revenues of
        $96 million for the first quarter ending in March.
        According to the company, during this quarter, Broadcom
        witnessed continued growth in sales for Networking
        transceivers and IC's for use in set-top boxes. According to
        figures provided by the company, sales were up 37%
        sequentially and up 173% from the first quarter last

        A research report was originally published on
        November 4, 1998, before being upgraded on January 27,
        1999, on Broadcom, a developer of highly integrated
        silicon solutions that enable broadband digital data
        transmissions to the home and within the business enterprise.
        Broadcom's products enable the high-speed digital
        transmission of data over existing communications media,
        including twisted pair copper wire, hybrid fiber coax, and

        Preferred Capital Markets, Inc. provides proprietary
        research and trade execution services on an agency and
        principal basis for the securities and options markets.
        Clients include institutional investors, money managers,
        floor traders, and high net worth individuals. Founded
        in 1982, Preferred Capital Markets is headquartered
        in San Francisco with offices in Boston, Chicago,
        New York, Miami, and Philadelphia.

        Preferred Capital Markets,


      • gment. Very upbeat and confident.

52.28+0.38(+0.73%)Jul 2 4:00 PMEDT