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) - moderated -- Ignore unavailable to you. Want to Upgrade?

To: Trader Dave who wrote (108)	11/28/2000 1:47:04 PM
From: SJS	Read Replies (1) \| Respond to of 469

He doesn't, but is. You can't stop fear, margin calls, and the stock blowing through stops. Then add momentum shorting, and you've got the confluence of the most powerful negative "attractors" there are. There is no-one speaking positively enough for the company to fully counteract this. So....if you're long, you gotta hang your hat on something. I think that might be that price stabilization must occur SOMEWHERE....but I don't have a rough idea of that floor anymore. Does anyone here wanna take a stab at where the bottom (price wise) might be? It's better than a quiet (and pretty stunned....) thread. Steve

To: Trader Dave who wrote (108)	11/28/2000 3:38:07 PM
From: Wizard	Read Replies (1) \| Respond to of 469

Niles came into Lehman pounding the table on Micron and Dell a few months ago. PMC just refuted the inventory stuff at the CSFB conference.