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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST

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To: Toby Zidle who wrote (2556)7/14/1999 9:06:00 PM
From: charliex  Read Replies (2) of 3818
 
Toby,

I am sorry that "Bulldozer" was overly sensitive to someone just expressing his view for a security that he very fond of. I believe in freedom of expression, and thats why I find it very inappropriate for "Bulldozer" to respond in that manner.

Anyways, enough of feeling sorry for the pathetic existence of a certain contributor to this thread. My rationale for the stock moving up so quickly is based on the following:

- earnings will be release after market on Thursday
- expect earnings to be greater than the "whisper" numbers
- working in the industry, sales for PMCS has increased at least 20% to it main clients, over the same period last year
- even if oper. profits. went down (highly unlikely), NI will increase by 10-20%
- look for analyst revisions upwards on Friday or Monday, at which time PMCS will move
- also the tight float, due to institutional ownership (93%) will make it even that much harder to pick up.

If anyone sees fault in my logic/observations,your comments will be greatly apprecited. Finally, I bet "Bulldozer's" knowledge from his education is inversely related to the quality of his relationships with others. What a pity...

cheers
charliex
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