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

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To: SJS who wrote (3359)4/13/2000 4:58:00 PM
From: John F.  Read Replies (1) of 3818
 
Part of the problem is lack of liquidity in after hours trading. We probably have a bunch of traders in one daytrading room desperately trying to find buyers in another room to sell to. Problem is they are all selling. I actually think I hear them ..... "I have 200 shares of PMCS, will anyone take them off my hands for one dollar? "

Just plain stupid!

One day soon, the same daytraders will be willing to pay anything for the same shares.
Everyone will decide that this is dumb, that the end of the selloff is near, that it is time
to get back in. IMO, this PMCS selloff is a sign that an upturn is not too far off.
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