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


To: farkarooski who wrote (3788)9/8/2002 1:00:27 AM
From: Immi  Read Replies (2) | Respond to of 3818
 
check briefing.com. there were cautious comments on cisco.
pmcs is a major supplier of cisco, and hence it went down
along with it. this puppy is for the long term. I am accumulating. At these prices it is a steal. It could go lower though as the end of the month nears....

pmcs is a metro play + access play. It has atm and gige. if the enterprise recovers pmcs gains, if the service provider sector recover pmcs gains. this is a diversified chip play.
just hold your horses and do not look at the stock price on a day to day basis... check out other chip plays brcm, mrvl, amcc, vtss, and altr. all good value here....

It is the unconventional people who make money in the long haul... the conventional have unloaded and are running...

Cheers, Immi