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Technology Stocks : PMC-Sierra (PMCS)

PMCS 11.65

0.0%

Jan 25 4:00 PM EST

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To: Jerry Miller who wrote (3679)	8/23/2000 5:08:16 PM
From: Eric L	Read Replies (2) of 3818

>> QUANTUM EFFECT SHAREHOLDERS OKAY PMC SIERRA DEAL August 23, 2000 04:44 PM CAMPBELL, Calif., Aug. 23 (Reuters) moneycentral.msn.com Semiconductor maker PMC-Sierra Inc. PMCS on Wednesday said shareholders of Quantum Effect Devices Inc. QEDI have approved PMC Sierra's acquisition of Quantum Effect. Under the merger, which is expected to be completed on Aug. 24, Quantum Effect shareholders will receive 0.385 shares of PMC-Sierra common stock for each share of Quantum Effect. << - Eric -

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