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

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To: Jean M. Gauthier who wrote (3234)3/12/2000 11:33:00 PM
From: Sommers  Read Replies (2) of 3818
 
Jean, April earnings date has yet to be announced.

I believe PMC-Sierra recently split its stock 2/1 on February 11, 2000. I don't know about the next.

Interesting notes: Lucent and Cisco Systems now account for approximately 20% revenues. Competitors include: Advanced Micro Circuits, Broadcom, Conexant, Cypress, Dallas Semiconductor, Galileo, Integrated Device, IBM, Intel, Lucent, Motorola, MMC Networks, Newport Communications, Infineon, Texas Instruments, Transwitch and Vitesse Semiconductor.

Banc of America recently raised target to $325, reiterated strong buy, says recent acquisition spree enhances broadening IP lead.

Recent acquisitions: Abrizio, who designs high speed switching chips for core network applications. At the time of the acquisition (Fall '99), Abrizio's products had achieved design wins.

Surely, Abrizio's IP is part of the lead to which BOA refers.

Best,

Ruth
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