Rochester, NY 7/25/2009 12:04:21 AM
Broadcom Corporation BRCM, Broadcom recent weak sales causes disappoint
Broadcom Corporation
Reports shows that the shares of Broadcom has plummeted down to 10 percent just recently contrary to what marketing analyst expect.
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Couple marketing analyst wonder if these problem were caused by Broadcoms core mix of products.
There are "gaping holes in its product portfolio," said Collins Stewart analyst Ashok Kumar in a note to investors. That includes chips for handset modems and equipment for Ethernet-based corporate data centers, he said.
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