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


To: SJS who wrote (161)12/9/2000 9:47:43 PM
From: BUYandHOLD  Read Replies (1) | Respond to of 469
 
I have been accumulating this stock in the last few months with intent to hold for a long time.
I was looking at the numbers and found some shocking stats.

1. PMCS has made approx 105 mill Net in the last 10 yrs
2. Of the 105 mill a full 90 mill was made in last one year!!
3. That mean approx 1.4 mill ave over the prev 9 yrs.

Now that doesn't look like a reliable co. Any comments?

P.S Notice I am a "value" person with a bias towards predictability of earnings...