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

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To: dennis michael patterson who wrote (3660)8/8/2000 4:16:07 PM
From: Thomas DeGagne  Read Replies (2) of 3818
 
This stock is not a trading vehicle for me. My cost base is $3.75.

Semis have been out of favour for the last three weeks. The SOX is down 26% during this time frame. However, PMCS has done much better than this. The OBV has continued to increase indicating that the stock has been accumulated over this time period.

When semis return to favour the stock will climb significantly. I believe that if CSCO and AMAT post good earnings tomorrow that PMCS will fly on Thursday.
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