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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST
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To: Trader Dave who wrote (2462)4/14/1999 11:51:00 AM
From: Clay Enos  Read Replies (1) of 3818
 
Westmont says..."We believe that the stock could potentially double over the next two years. On a cautionary note, however, the stock has been exceptionally weak in each of the last three summers, with as much as a 50% retracement. With the stock near its 52-week high, it is therefore vulnerable to summer seasonality and overall market corrections."
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