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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: wlheatmoon who wrote (1018)5/10/2000 2:22:00 PM
From: John Pitera  Read Replies (1) of 2850
 
Mike, Pat has done some nice work there.

things look pretty good at PMCS:

PMC-Sierra's CFO John Sullivan said net usage was growing 1000% per year, bandwidth was exploding, semiconductor and fiber optics driving more and more business.
Last Q their networking revenues grew 27%; and GMs were 81%. This year estimates are for 100% growth. Ditech Communications CEO, Timothy Montgomery, said they were above
projection on revenues, had 20 new customers in '99, 23 more new customers in Q3, and will see 1 billion voice channels deployed over next 5 years, many of them wireless. Network traffic is
estimated to grow 17X over next 4 years.
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