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Technology Stocks : Gorilla Game

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To: TOM KARIS who wrote (57)	4/1/1998 2:41:00 PM
From: Clam Clam	Read Replies (1) of 387

WAY too early to call MMCN a gorilla. I owned MMCN and sold it recently. It might have $25 in it but I would rather play something else. The communications IC market is very interesting. I bought ALTR today. ALTR is the blue chip IC company that has been caught in a transition. Its a lay-up to $50 but it will take some time. Use margin to make it more interesting. PMCS & LEVL are the best of the smaller ones. Others to watch are Broadcom (new IPO BRCM) & Galileo (GALTF). Small cap semi companies are tricky to follow as pricing and bookings are extemely volatile. You can go obsolete intra-quarter it seems. GALTF has the most momentum if you go strictly by the numbers but PMC dominates its category so its the surest bet. PMC is now at about 10x revenues but its worth owning.

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