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: VFD who wrote (2229)	11/16/1998 1:02:00 PM
From: Mickey Szilagyi	Read Replies (1) of 3818

I'm beginning to wonder just how far PMCS will run up. It now has a PE of over 47 and its earnings growth isn't close to that. PMCS's chart was in the NASDAQ section of today's edition of IBD. Remember about two weeks ago about all the short talk? I'm thinking we're getting close to a top but I also thought that at $44. I already sold half back then and I really don't want to be out of it entirely because I see PMCS as a long term winner as the chip business has made a turn for the better. MJS

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