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

To: Don S.Boller who wrote (2029)	8/5/1998 6:51:00 PM
From: nord	Respond to of 3818

Timeing corresponded to analyst comments, may have been taken to mean something more serious ie fundamentals bad. kinda like saying its hot during the summer.so what gives. excuse to take profits. bottom line a lot of shares traded today and it came off its lows ie a lot of buyers out there at these prices. my bet is a combinaation of comment overreaction in heavily weighted accounts ie nice runnup. Good reason to take some profits. ie is it a correction or something more wrong with the economy or the business. it was the largest position in several mutual funds and it was definitely institutional money in and out of the stock today Norden