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: Mehdi Hassanipour who wrote (2819)	10/8/1999 9:52:00 AM
From: Trader Dave	Read Replies (3) of 3818

Then you must been away quite a bit last year. Let's see stock declines in 1999 from an 80 forward pe to a 70 forward pe. in 1998 stock has several declines from 30x forward to as low as 20x forward. market maker manipulation, good grief! this may or may not be an opportunity, but it is most certainly a decline from MUCH higher valuations. Can we please skip the retail investor conspiracy theories about market maker manipulation?

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