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To: ChrisJP who wrote (52221)5/8/2002 7:40:47 AM
From: SusieQ1065  Read Replies (2) | Respond to of 208838
 
07:37 ET PMC-Sierra, Applied Micro Circuits upgraded at CIBC
CIBC upgrades PMCS and AMCC to BUY from Hold based on evidence that both the service provider and enterprise networking markets are stabilizing, which should limit further downside risk in the stocks; PMCS price target is $20 and AMCC price target is $8.



To: ChrisJP who wrote (52221)5/8/2002 7:58:08 AM
From: If only I'd held  Respond to of 208838
 
Valuations support all those numbers. And the environment is right for that to come true. Watch yourself. It's just about capitulation time. I called many of those numbers over a year ago.