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: marvin smith who wrote (1928)	7/17/1998 9:18:00 AM
From: Trader Dave	of 3818

I hope so since I want to get some friends involved in the name. Given the choice between beating estimates and a massive increase in R&D spending to lock in growth 1 to 2 years out, I'll take the investment. PMCS has another round of great design wins, a leading indicator for sustained growth over the next 3 years. They're executing flawlessly. I would have liked to see a penny in upside, but I'm comfortable. Now it looks like we'll be holding pmcs for several years rather than trading the name. TD

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