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

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To: Billy Joe who wrote (2217)11/5/1998 2:21:00 PM
From: Billy Joe  Read Replies (1) of 3818
 
Anyone have details on strong buy-to-buy downgrade?

Typically signals an issue with valuation, not underlying business strength. These guys downgraded a bunch of semi cos today.

Whatever. We'll take a breather and up on Friday.

The late afternoon surge yesterday plus numbers from Cisco that didn't positively surprise led to today... (coulda called this AM...)
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