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Technology Stocks : PMC-Sierra (PMCS) -- Ignore unavailable to you. Want to Upgrade?


To: mariner who wrote (2550)7/1/1999 10:54:00 AM
From: Bulldozer  Read Replies (2) | Respond to of 3818
 
Yesterday's decline was due to Russell 2000 rebalancing. Apparently (heard second hand) PMC was taken out because its market cap exceeded $4B. Mkts do not make rational sense at times! For example, look at what happened to ABRX yesterday and then today. Supposedly, that was/is Russell 2000 related as well.

BD