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: mariner who wrote (2550)	7/1/1999 10:54:00 AM
From: Bulldozer	Read Replies (2) of 3818

Yesterday's decline was due to Russell 2000 rebalancing. Apparently (heard second hand) PMC was taken out because its market cap exceeded $4B. Mkts do not make rational sense at times! For example, look at what happened to ABRX yesterday and then today. Supposedly, that was/is Russell 2000 related as well. BD

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