PMC-Sierra (PMCS) Message Board

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Technology Stocks : PMC-Sierra (PMCS)

PMCS 11.65

0.0%

Jan 25 4:00 PM EST

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To: Bobo who wrote (2001)	8/5/1998 12:37:00 PM
From: Danny Chan	Read Replies (1) of 3818

Everything is about the future, right? Even if the coming quarter is not strong, it doesn't change it's prospectus. PMCS still has the leadership in ATM chip sector and the highest margin of all. I was watching the valuation of whole sector closely. MMCN was having the highest valuation and it got punished. TXCC is signalling a profit turn-around and it got rewarded. At the current price, I think PMCS, TXCC and AMCC remain attractive. I'm glad that I was able to pick up some more at 34 1/2 and 32 7/16 today.

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