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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST
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To: John F. who wrote (3363)4/13/2000 5:07:00 PM
From: SJS  Read Replies (2) of 3818
 
John,

I looked at the numbers . To the uninitiated, I can see why someone erroneously posted .14. I think that's what caused the selloff initially.

However, we are still $12 below the close. That's pretty severe for decent/superb/superlative/<"pick your positive adjective"> earnings.

Just plain stupid. Probably. However, after 3 attempts at a rally today, people are taking profits where they can, I guess. I would think that the market is oversold, but obviously not.

Steve
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