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

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To: hospitalman who wrote (3133)2/16/2000 2:19:00 PM
From: Foo Bar  Read Replies (3) of 3818
 
Anybody out there know who is doing the bulk buying that pushed the stock up so much two days in a roll? Perhaps finding out the buyer(s) would give us some hint as to where the run up comes from.

I just don't believe that this would happen with absolutely no reason. It happens with reasons unknown tome.

On the other hand, AMCC is down 10+ today. Even though AMCC and PMCS are doing not exactly the same thing (AMCC is more into Fiber Optics chip sets while PMCS is more on the TDM side) I still expect they go the same direction in general. When one goes one way and the other goes the other with 20+ spread, it has reasons worth digging up. Anyone heard anything from next person in the bar? ;D
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