Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Drake who wrote (2571)	7/15/1999 6:51:00 PM
From: Bulldozer	Respond to of 3818

As good as this company has done over the last few years, I firmly believe their best years are ahead of them and they will actually accelerate growth from here. A couple points from the call: 1. Record bookings and visibility as they enter Q3 2. Largest R&D sponsorship projects in the co. history are underway 3. 350 design wins, now have 700 for the year, 75% of total 1998 4. Q3 outlook for continued strong sequential growth and high GMs 5. T1/E1 was actually the fastest growing segment this Q Estimates will go up tomorrow and analysts will pound the table. Congrats to all the engineers, management, and employees at PMC - they are quite simply kicking ass and showing no signs of letting up. They are and will continue to be, one of the premier pure play Comm IC companies in the world. Bulldozer

To: Drake who wrote (2571)	7/15/1999 7:45:00 PM
From: John Farrell	Respond to of 3818

CNBC mentioned PMC-Sierra's earnings as their final highlight of their earnings segment and showed a stock price growth graph from just before October '98 where the low was like $11-12 all the way up to $70 and said "this is a chart of beautiful growth by this company" and talked about one analyst's target price of $70 from a month or two ago. They went on to mention that in after hours trading PMCS was up to 71 1/2. -John, Long on PMCS for 5 years now