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

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To: RDR who wrote (2062)8/21/1998 12:22:00 PM
From: Billy Joe  Read Replies (3) of 3818
 
Next week is very likely to be very bad. Good entry point for PMCS (a bit lower but I don't think that we'll get dumped severely; notice the slow sales at open here, action was elsewhere.).

Why bad next week? Sunday political talk shows will stir the pot on impeachment, more fear whipped up by threats of terrorist retaliation, Russian economy going to(/been to?) hell in a handbasket, yen continues in the crapper, realization that other than low inflation and wages (e.g., mine), there ain't much keeping this baby afloat....

Quality issues prevail. Broadband infrastructure buildouts WILL continue. It is a business imperative. Stick here.
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