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

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To: Trader Dave who wrote (2733)9/23/1999 12:56:00 PM
From: Billy Joe  Read Replies (1) of 3818
 
Investor relations called. No press release/comment planned. Don't respond in the press to mkt overreactions...

Off the record...See this as a short-term production issue (Ed: esp. since TSMC is 65% on-line as of today). Don't foresee any loss of customers (and back off on design wins) and therefore, under the bleakest scenario where a foundry completely goes under (not the case here with TSMC), they would see the revs just shifting from 4Q to 1Q00.

OK. No problema.
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