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

To: Billy Joe who wrote (1778)	6/4/1998 10:50:00 AM
From: RDR	Read Replies (1) \| Respond to of 3818

RESEARCH ALERT - Merrill starts several stocks June 4, 1998 09:59 AM NEW YORK, June 4 (Reuters) - Merrill Lynch on Thursday said it initiated coverage on shares of the following stocks: -- PMC-Sierra Inc. PMCS started with a long and short-term buy rating. Shares stood at 41-5/8, up 2-1/8. -- MMC Networks Inc. MMCN started with a long and short-term neutral rating. Shares stood at 26-5/8, off 5/8. -- Vitesse Semiconductor Corp. VTSS started as short-term accumulate, long-term buy. Shares stood at 27-3/4, up 13/16. -- Level One Communications Inc. LEVL started as short-term neutral, long-term accumulate. Shares stood at 25-1/8, off 5/16. -- Galileo Technology Ltd. GALTF started with long and short-term accumulate. Shares stood at 17-1/2, up 1/2. -- No further information was immediately available. ((--Wall Street desk, 212-859-1730)) REUTERS That would explain the Big open.