May 16, 1999. Broadcom is a leading developer of highly integrated silicon solutions that enable
broadband digital data transmission to the home and within the business enterprise. Their products enable the transmission
of broadband data over existing communications infrastructures, most of which were not originally intended for
digital data transmission.
Broadcom has designed and developed integrated circuits for some of the most significant broadband
communications markets, including the markets for cable set top boxes, cable modems, high speed networking, direct
broadcast satellite, terrestrial wireless, and DSL.
Broadcom's profits are expected by Wall Street analysts to see higher levels in both this year
and next. This implies earnings of $0.67 per share in 1999 and earnings of $0.83 per share in 2000. The consensus
recommendation is a Buy rating at this moment, but due to the high run up on this issue since July 1998, there
is a little caution here to be considered. I would wait for the beginning of fall to put a buy order in. This is
a company that should be looked at very closely for long term investing. Ticker: BRCM
George