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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST
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To: JH who wrote (2193)10/16/1998 4:13:00 PM
From: The ChrisMeister  Read Replies (1) of 3818
 
"I don't think it's realistic to expect further gains..."

I think we've got a little more to go short term -- have to punish the shorts and those who bailed over the last couple of months thinking perhaps they'd be able to get back in lower at their leisure. Momentum-wise, the indicator I keep says we don't get overbought until we close at/above about 42 3/4. With a little extra intraday panic buying I think we can make 44 or 45 before the inevitable pull-back.

ChrisMeister
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