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

To: Randy Wojciechowski who wrote (152)	12/1/2000 9:48:48 PM
From: George Sepetjian	Respond to of 469

Scare the longs? That would be impossible. If this market slide hasn't scared them yet-nothing will. A 200 p/e stock certainly has a favorable risk/reward ratio. December won't be a picnic. Fed meeting, triple-witch & odds that Intel will pre-announce and finally scare a majority of small investors to the exits before the year-ends. Birinyi on Bloomberg last week noted that the average size trade on PMCS was 380 shares. The small fry are driving this stock down to just get out. You can hold PMCS paper & I'll hold paper with dead presidents for now.