Pericom Semiconductor PSEM Message Board

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Technology Stocks : Pericom Semiconductor PSEM

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To: Harold who wrote (140)	7/24/1998 11:37:00 AM
From: Dale Knipschield	Read Replies (2) of 532

Sell on the news? I believe part of it is the fact that PSEM is hardly a household name. Also, once we clear out those that thought there was going to be a blockbuster earnings report, I suspect more rational thinking people will come back to the stock. I also suspect that more mutual funds will be buying this quarter. Buy and hold for the long term, taking advantage of price drops to acquire more. This company is a benchmark in a beaten-down industry sector. IMO, if management continues to display their superior leadership and vision, in several years this RAMBUS-like company will be a $30-$40 stock (Even after one or two splits!). Regards, Knip

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