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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST

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To: Danny Chan who wrote (2055)8/10/1998 10:31:00 AM
From: tech101  Read Replies (1) of 3818
 
TI, IBM and PMCS are the semiconductor industry's dazzlers (BUSINESS WEEK)

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Indeed, this is not your typical semiconductor cycle. The shape of the business is changing. Over the next few years, the dominant role of PCs in driving the chip industry will decline, and a clutch of companies making chips for fast-growing telecommunications, data networking, and consumer-electronics markets will grow in importance. Today, these companies, including Texas Instruments and IBM as well as lesser-known PMC-Sierra, are the semiconductor industry's dazzlers.
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Business Week, August 17, 1998, p. 61.
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