SI
SI
discoversearch

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: JustMy2Cents who wrote (2905)10/15/1999 10:08:00 AM
From: Bulldozer  Read Replies (1) | Respond to of 3818
 
I don't know of any copies of the CC. Regarding competition, those who really know the space know that Bailey is absolutely right. A balance sheet and PC expertise, does not a Comm-IC maker make.

Now we obviously can't call a Greenspan scare-tactic or rising tobacco prices, but I can call who a leader is in one of the most dynamic spaces in business.

I once read that close to 50% of the movement of a stock is due to general market conditions, 25% to sector sentiment, and only 25% due to individual company performance (the caveat being of course when companies blow up). If thats so, then no matter how well PMC does, if Joe Blow fund mgr is spooked by economic matters (as well they probably should), then it will be tough going for all stocks - even the leaders.

All we can do is ride out the storm and if it gets too ridiculous, do what we did last October - and thats load up the boat.

Bulldozer



To: JustMy2Cents who wrote (2905)10/15/1999 10:44:00 AM
From: Bob Kim  Read Replies (1) | Respond to of 3818
 
We are revising our price objective upwards from $90 to $105, which puts our target at 22x our 2000 revenue estimate.

You can't trust this analyst's price targets. He raised his price target on PMCS to $120 on 8/25. It would appear that he's LOWERING his price target.



HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News