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

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To: Ibexx who wrote (3285)3/26/2000 11:26:00 PM
From: SJS  Read Replies (1) of 3818
 
Gosh......I love his comments:

PMC-Sierra, Inc. PMCS 3/17/00 $210.188 $231.313 +$3.313 10.05%
I think it's time to finally admit that I'm never going to own PMC-Sierra (PMCS) if I wait for it to pull back to a "reasonable" price.

And I do want to own this stock. The company's chips are at the core of networking products built by Cisco Systems, Lucent Technologies and others. As I noted in "Just your typical 3-day correction?," the stock was off almost $60 from its 52-week high as of March 15. I'm adding it to Jubak's Picks with a target price of $315 for October 2000.

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