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: Trader Dave who wrote (124)	11/28/2000 9:47:41 PM
From: techanalyst1	Read Replies (1) of 469

"When I look around and see pe to growth ratios well below 1"... Well yeah, but what YOU think earnings and growth rates are could be vastly different than what scared fund managers think and in this market we might even overshoot pegs of 1. I bet they're discounting growth rates/future earnings as they fear either a recession or corporate debt and capex woes leading to either top or bottom line misses. Guess we'll have to wait for earnings to settle this whole thing since no one seems to believe ceos know more than journalists. I just have one question: Why is it that these "experts" of doom and gloom don't have a high paying job as the ceo or forcasting growth trends at major tech companies if they are so great? And don't tell me Dan Niles makes a boatload of money. I've seen enough of his calls to know why he doesn't get that kind of job. TA

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