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

To: Bobo who wrote (2001)	8/5/1998 12:10:00 PM
From: Gregory Prokter	Respond to of 3818

Montgomery is a market maker in PMCS. I've got the feeling if they said that this was solely for the reason to lower the price, so they and their customers could load up. everywhere you look and in the last several months PMCS was on every Technology favorite portfolio list. There is no new info. Summer is historically a tough time for every S/C Co. Don't panic. Buy more if you can or just forget about it. It's $100.00 stock in 2 years. Those who sell now will came back and buy this stock. Except the price then will be $50.00 GP

To: Bobo who wrote (2001)	8/5/1998 12:11:00 PM
From: DavidG	Read Replies (1) \| Respond to of 3818

Technically, where is the next bottom, anybody?

To: Bobo who wrote (2001)	8/5/1998 12:37:00 PM
From: Danny Chan	Read Replies (1) \| Respond to of 3818

Everything is about the future, right? Even if the coming quarter is not strong, it doesn't change it's prospectus. PMCS still has the leadership in ATM chip sector and the highest margin of all. I was watching the valuation of whole sector closely. MMCN was having the highest valuation and it got punished. TXCC is signalling a profit turn-around and it got rewarded. At the current price, I think PMCS, TXCC and AMCC remain attractive. I'm glad that I was able to pick up some more at 34 1/2 and 32 7/16 today.