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


To: mariner who wrote (2245)11/20/1998 6:58:00 PM
From: Mickey Szilagyi  Read Replies (1) | Respond to of 3818
 
I think it's time for a 2 for 1 split. MJS



To: mariner who wrote (2245)11/21/1998 11:13:00 AM
From: Scotsman  Respond to of 3818
 
Things don't go straight up, so we are due for some consolidation. However, I would view that as a place to buy more. However, to answer your question, a 10-20% correction wouldn't be unheard of. A lot is going to depend upon earnings, the entire internet sector, and the market, not to mention any major competitors, such as the previous posts reference to Lucent, not coming out with some sector bashing hammer.



To: mariner who wrote (2245)11/21/1998 11:55:00 PM
From: P314159d  Read Replies (1) | Respond to of 3818
 
I certainly like this company, but i have some concerns about price
of the stock. I haven't posted here before and have been reading the last weeks posts and everyone is very happy about price gains.
So whose left to buy at these prices, I ask?

The daily and weekly charts show new highs with less volume so we can expect a correction, but will it lose the breakout point?
That is what I worry about and will wait for. We can still run up a little
to satisfy the weekly triangle, but this fast run and breakout all without consolidation is often a failing breakout. hope to be wrong, but i have nothing to lose, but time for entry.