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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 (3388)4/13/2000 10:54:00 PM
From: Trader Dave  Read Replies (1) of 3818
 
this nice thing about these rates of growth is that over time, market conditions don't matter. Eventually, the growth will move the stock to a valuation that makes it silly.

I don't see why a 3% old economy stock like coke, P&G or Gilette is "safer" than PMCS using a 3 to 5 year time horizon. In fact it almost seems (baring war between china and Taiwan) that PMCS is lower risk.

Minor thing that Taiwan situation, i wish pmcs would diversify its fabs away from earthquake zones and political hot spots. Why not the Turkish Iraqi border?

TD
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