BROADCOM CORP.(Shares fell)(Brief Article)

Multichannel News, May, 2001

(NASDAQ-BRCM) Broadcom shares fell last week, affected by the overall downturn in the semiconductor market and poor financial results from market leader Cisco Systems Inc. The falloff came after a May 2 surge in the stock: It ended up $6.40, at $48.36, following some product announcements.

But those gains were lost amid continued semiconductor slowness and after Cisco reported its first quarterly loss. [Graph omitted ]

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement