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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST
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To: Bulldozer who wrote (1860)7/7/1998 2:26:00 AM
From: tech101   of 3818
 
pathfinder.com

Wintel: The High Growth in Tech Lies Elsewhere

As more of us hook into the Net, demand for special computer chips soars, and businesses you haven't heard of are already profiting.

Richard A. Shaffer

.....

In the past two years, PMC-Sierra, in Burnaby, British Columbia, has reinvented itself, abandoning a dwindling modem business to focus on networking circuitry. Good move. The company now dominates the market for integrated circuits that enable high-speed communications according to the so-called ATM and SONET standards, and it's working closely with such key equipment vendors as Lucent Technologies. Although revenues and profits have been flat recently, the company consistently earns more than 25 cents on every dollar of sales, more than double its former margins and five times the semiconductor-industry average.

....
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