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: Sommers who wrote (3239)	3/13/2000 1:38:00 PM
From: John Farrell	Read Replies (1) of 3818

Earnings should probably be April 19th or 20th based on the past three years of reporting earnings on the third Wednesday or Thursday of April. I believe that PMC-Sierra is only currently authorized to issue 200 million shares of stock, and thus, would need a shareholder vote to increase the number of authorized shares before a split can happen as I don't see them doing anything less than a 2 for 1 split and there are already 131+ million shares (prior to the shares issued for the acquisitions for AANetcom and Extreme Packet Devices). They'll probably send out the proxy voting on approving more shares in the next few months. This would allow a split after Q2. This is just speculation on my part though, from being a PMCS (and SERA before the name change) holder since 1994... loving having gotten in at a split adjusted $1.055 a share. :-) Happy investing, -John

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