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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Jo Ellen T who wrote (92798)4/4/2000 3:52:00 PM
From: John F.  Read Replies (1) of 108040
 
I have a Prudential Securities report on PMCS dated March 31 that I obtained free through Multex Investor.

Excerpts from that report:
We believe that PMC-Sierra will meet or slightly exceed our March-quarter EPS estimate of $.16. Our
research indicates that the compny's design win momentum continued throughout the quarter.
...
We expect the company to maintain its industry leading gross margin of approximately 79% for the quarter.

Jo Ellen, re PMCS volatility .. sounds like someone started a rumor and then traded on it.
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