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: Billy Joe who wrote (2204)	10/28/1998 1:02:00 PM
From: The ChrisMeister	of 3818

"PMCS will play along with its nice fundamentals,strong mkt position, and consistent execution over the short term." I don't dispute that. I'm only a short term short on the stock, looking for a pull-back to the high 30s, maybe mid-30s. It amazes me that there are people who wouldn't buy at 26-28 who are now stumbling all over themselves to buy now that it's up in the mid-40s. Rather high volume yesterday may signify a top for now. After the high-20s, what more could one hope for than 45+? The fundamentals only justify so much in the stock price. ChrisMeister

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