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


To: JZGalt who wrote (2347)2/26/1999 10:54:00 AM
From: Trader Dave  Read Replies (2) | Respond to of 3818
 
NEWS FLASH!!!

PMCS enters new businesses. 02/26/1999


The management of PMCS today announced their entry into the cyclical and volatile semiconductor capital equipment business. In addition, they have decided to pursue commodity chip manufacturing and announced the ramp up in capacity for 16k dram modules for TRS-80 model I computers.

When asked about these business moves, management replied:

"Since the lemmings in the investment community refuse to value the company based on the END demand of our target markets and the long term nature of our DESIGN WINS, we decided to enter the worst businesses we could think of to really give our shareholders something to worry about."

(this is a joke for the thread newbies.....)