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


To: Bulldozer who wrote (2131)9/23/1998 5:07:00 PM
From: marvin smith  Read Replies (1) | Respond to of 3818
 
From Briefing.com PMC-Sierra (PMCS) 35 3/4 +1/2: Needham & Co. reiterates "strong buy" on provider of high speed internetworking component solutions as it anticipates the September quarter ti be seasonally weak, but is not viewed to be a fundamental problem; expects book-to-bill around 1.05 to 1.07..... I wonder if this is the reason for weakness today, why reiterate a strong buy then tell people it going to be a slow quarter. This kind of stuff tends to make me mad. Marvin