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


To: Drake who wrote (2834)10/8/1999 3:31:00 PM
From: Mehdi Hassanipour  Read Replies (3) | Respond to of 3818
 
Simple. Downgrade yet be optimistic. It means....

1. Downgrade in the morning.
2. Offer a couple of large blocks at 84.
3. Run everybody frantic.
5. Start collecting.
6. Recommend it later.
7. Sell at $120-130.
8. Laugh all the way to the bank.

Can't find another way of explaining it.

Long Live Holders...



To: Drake who wrote (2834)10/8/1999 5:27:00 PM
From: Drake  Respond to of 3818
 
Lehman initiated coverage this AM with a "buy" and the target price I posted before of $150.

dc