Message-ID: <25935335.1075851537317.JavaMail.evans@thyme>
Date: Wed, 17 Oct 2001 20:06:46 -0700 (PDT)
From: afternoon17@alerts.equityalert.com
To: alewis@ect.enron.com
Subject: Your News Alert for BRCM
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[IMAGE] [IMAGE] =09  As requested, your News Alert for BRCM  follows from E=
quityAlert.com.     Broadcom Reports Narrower Than Expected Loss - Update  =
   (RealTimeTraders.com) - Broadcom Corp. (BRCM), a leading provider of com=
munications chips, announced its third quarter financial results after the =
close of regular trading on Wednesday, reporting a narrower than expected l=
oss.  Broadcom reported a pro forma net loss for the quarter of $34.0 milli=
on or 13 cents per share compared to a year ago profit of $78.7 million or =
30 cents per share. According to First Call, analysts had expected the comp=
any to report a loss of 16 cents per share.  The company said revenue for t=
he quarter rose 1 percent to $213.6 million from $210.9 million in the same=
 quarter last year.  "We are now seeing an improved level of stability and =
visibility in the markets that we serve," said Dr. Henry T. Nicholas III, B=
roadcom's President and CEO. "As a result we have increased confidence that=
 the steps we have taken and continue to take to scale and redistribute our=
 investments are appropriate."  Broadcom closed Wednesday's regular trading=
 down $3.90 at $28.07 on a volume of 16.1 million shares. In after hours tr=
ading, Broadcom has regained 74 cents to trade at $28.81. Copyright(c) 2001=
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