Press Release: April 19, 2000

WR Hambrecht + Co Raises Rating For Broadcom (BRCM) To Strong Buy

Firm exceeds projections, excels in new markets

San Francisco, CA, April 19, 2000—WR Hambrecht + Co today raised its rating for Broadcom (BRCM), to Strong Buy from Buy. eNetwork Technologies analyst Jim Liang cited Broadcom’s execution in the Ethernet, cable modems, and cable set-top boxes markets, the Company’s product roadmap for emerging broadband markets, and its recent share weakness as reasons for the upgrade. WR Hambrecht + Co offers all its research reports free and real-time at www.wrhambrecht.com.

"We are upgrading our rating on the shares of Broadcom to Strong Buy. We believe the business momentum at the Company is accelerating, and the recent share weakness has created an excellent opportunity for investors," Liang said.

Broadcom Corporation develops highly integrated silicon solutions that enable broadband digital data transmission to the home and within the business enterprise.