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: charliex who wrote (2665)	8/24/1999 12:10:00 AM
From: George Sepetjian	Read Replies (1) of 3818

Analyst Upgrade PMC-Sierra Inc. Rated New `Attractive' at Bear Stearns Princeton, New Jersey, Aug. 23 (Bloomberg Data) -- PMC-Sierra Inc. (PMCS US) was rated ``attractive' in new coverage by analyst Charles F. Boucher at Bear, Stearns & Co. You're into options according to your bio. Would you consider selling calls at this stage after such a big run up to capture the rich premium and hope for a flat market near term, 1-3 months, or just stay long and hang on for the ride? Any situation where you would consider such a scenario? My shares have risen 144% since my 3/15/99 purchase. I've got a real itch to take the money. Based on what I've observed, the market is playing follow the leader. Semi's are taking there cue from Intel, and until it stumbles the elevator ride is up.

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