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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (7859)10/8/1999 11:29:00 AM
From: DownSouth  Read Replies (1) of 54805
 
Some buying opps in the comm ic space (JDSU/CNXT/PMCS) caused, apparently, by this:

10:42 am PMC-Sierra shares hit by downgrade
PMC-Sierra (PMCS: news, msgs) skids 13 lower to 86 7/8. Salomon SB downgraded the stock to "buy" from "outperform," but maintained its $110 target price. The broker cites questions about customer inventories as among the reasons for the rating reduction.
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