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


To: Jimbo who wrote (3416)4/17/2000 6:07:00 PM
From: Harry Stein  Read Replies (3) | Respond to of 3818
 
I am glad to hear you've done well. I take it from the posts that you all bought and sold. The way this market is going the techs could take a 50% plunge in any given day. PMCS had a 40% swing just today alone. You guys must be from Texas. It has gotten a little too wild and unpredictable for us Canadian folk. Remember PMCS was at $45 in october. Could it get that low again??? Do you have the margin to cover it if it does?
PMCS is a great company at a high price. PE is 5X higher than growth rate. I like it, but at what price.
Best of luck.
PS-had bought at 90 sold at 160 several weeks ago. Waiting for market sanity.



To: Jimbo who wrote (3416)4/17/2000 6:08:00 PM
From: Kayaker  Respond to of 3818
 
Jimbo, thanks for the note. Heck of a day for PMCS. The only stock I like more is AMCC. Am expecting a great CC on Wednesday. Looks like I'm not the only one!