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

To: farkarooski who wrote (3792)9/21/2002 12:41:00 PM
From: Toby Zidle  Respond to of 3818
 
On its 'product/technology'story, PMCS was as good a bargain last month at $8.50, and I'm sure that was reiterated many times on Yahoo and other boards. That didn't keep it from losing 50% (again).

I think I'll wait to buy PMCS until it reaches $1. Then I can get my 300% profit when I sell at $4.

I think the odds of a $1 to $4 price leg are every bit as good as the odds of a $4 to $16 price leg. Why buy now?



To: farkarooski who wrote (3792)9/21/2002 6:02:43 PM
From: Immi  Read Replies (1) | Respond to of 3818
 
Sure. That is the power of dollar cost averaging. Slow and
steady and patience wins the race... Immi


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