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


To: Bulldozer who wrote (2157)10/8/1998 1:01:00 PM
From: Billy Joe  Read Replies (3) | Respond to of 3818
 
Holding nicely at this level. Given the current environment, the short term fear is that mgtmnt took a bigger than predicted R&D hit this qtr. As I've been floating around the globe doing ATM work, I haven't got any specific numbers in mind. Mgtmnt doesn't seem too tuned in to street reactions to numbers. It's too late now, but I'll cross my fingers and hope that the bean counters and the Members of Upper Mgtmnt (MUM) did the right thing.

Then again, a short term whack breaking through the 52 wk low would be an incredible buying opportunity.

How's that for a waffle...

PS: What a cr*ppy week! Another 5figures of paper down the cr*pper.