About:
Broadcom Corporation is a manufacturer of semiconductors for wired and wireless communications. The Company provides manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices with complete system-on-a-chip and software solutions. Its product portfolio includes solutions for digital cable, satellite and Internet Protocol (IP) set-top boxes and media servers; high definition television (HDTV); high definition DVD players and personal video recording devices; cable and digital subscriber line modems and residential gateways; high-speed transmission and switching for local, metropolitan, wide area and storage networking; System I/ O server solutions; broadband network and security processors; wireless and personal area networking; cellular and terrestrial wireless communications, and voice over Internet protocol gateway and telephony systems. In January 2007, the Company completed the acquisition of LVL7 Systems, Inc.
Line of thought:
The nine member U.S. District Court jury reached its unanimous verdict, rejecting Qualcomm's claims of infringement following a nine day trial that included testimony from multiple experts as well as the companies' chairmen, Broadcom co-founder Henry Samueli, and Qualcomm co-founder Irwin Jacobs.
So now, when the legal feud is over and in hopes that year 2007 will be like year 1999 (when technology stocks went up big time) I am adding BRCM to my portfolio, by buying 100 shares at the open.
$32.05 (02/01/07)
