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

To: MGV who wrote (2489)4/23/1999 9:15:00 AM
From: Trader Dave  Read Replies (1) | Respond to of 3818
 
and by the time you re-buy you will have paid high taxes on the gain eating up the benefits of the sale, unless it's in a tax free account.

In companies like pmcs, most traders make less money than most long haul investors.

In addition, pmcs' fundamentals are better than they ever have been. the accelerating rate of design wins suggests provides higher visibility for sustainable long term growth.

While I agree pmcs is at lofty valuations, you could have said the same thing about cisco many times over the last 5 years.

TD



To: MGV who wrote (2489)5/13/1999 5:29:00 PM
From: MGV  Read Replies (1) | Respond to of 3818
 
I can't say no one here didn't think it was a mistake. It was. : ) Out at $96 and into VTSS, which has lagged PMCS.


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