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Technology Stocks : MMC Networks Inc (MMCN) -- Ignore unavailable to you. Want to Upgrade?


To: fellow who wrote (451)11/3/1999 6:09:00 PM
From: Taro  Respond to of 507
 
possible that some large "networking" blocks shifted to GALT: Look at the volume today!



To: fellow who wrote (451)11/4/1999 5:14:00 AM
From: Snowshoe  Read Replies (1) | Respond to of 507
 
From Briefing.com (11/3/99)...

15:30 ET MMC Networks (MMCN) 16 1/2 -10 5/16: Company appeared at the Deutsche Banc Alex. Brown conference this morning and left analysts with the impression that there is downside risk for earnings this quarter. Cisco (CSCO -2 1/32) accounts for more than half of MMCN sales, which is therefore prompting rumors that CSCO is cancelling orders. PMC Sierra (PMCS -2 9/16) also getting hit as CSCO is a big customer. Salomon Smith Barney argues against buying these stocks on weakness.