PMC-Sierra (PMCS) Message Board

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Technology Stocks : PMC-Sierra (PMCS)

PMCS 11.65

0.0%

Jan 25 4:00 PM EST

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To: Robert G. Harrell who wrote (2174)	10/10/1998 3:34:00 AM
From: mariner	Read Replies (2) of 3818

To all: Let me get this straight. PMCS has dropped from 51 to mid 20s (low 20s today) and now they downgrade it??? I'm glad I don't pay the extra commissions for research like that. I'm not an expert on PMCS tech, but, given that CSCO has not warned and is one of their biggest customers (I believe) and probably the best proxy for the networking market, I suspect that demand for PMCS product is in fact holding up well. Yes we still face overall market risk which will no doubt cause some further excitement, but eventually a good growth company simply gets oversold. I suspect this is the case here and with VTSS. all IMHO. mariner

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