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: SJS who wrote (2865)	10/12/1999 5:55:00 PM
From: Farfel	Read Replies (1) of 3818

This is same tactic they used last earnings period. Just prior to earnings they moved the stock down from the 70's to the low 60's and then, on earnings----the stock "popped back to around 86" before settling in for its second, successive, 12 point gain (the prior earnings period it did the same). Unfortunately, we have Intel thinking that it is exempt from preannouncements and thus throwing their "dirty bathwater" on those of us who don't even have "intel inside"; nor do we wish to have Intel in anything----just a further affirmation that fear of Intel isn't a real threat for PMCS.

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