PMC-Sierra (PMCS) - moderated Message Board

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Technology Stocks : PMC-Sierra (PMCS) - moderated

PMCS 11.65

0.0%

Jan 25 4:00 PM EST

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To: Thai Chung who wrote (92)	11/27/2000 12:25:28 PM
From: SJS	Read Replies (2) of 469

Clark Westmont (SSB) strikes again..... Lowers BRCM price target...(and takes down comm chip segment today). ____________ 10:03 ET Broadcom (BRCM) 103 5/8 -13 1/2 (-11.5%): Salomon Smith Barney maintains BUY rating but reduces price target from $300 to $200; firm sees signs of flattening orders in supply chain and has inventory concerns in the digital cable sector, and looks for overall valuation compression in the communications IC arena. However, suggests concerns are largely priced in and that any problems will be short lived. Steve

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