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Enter Symbol:
 
Pmc - Sierra, Inc. (PMCS) [hlAlert]

Rating:
Hold PMCS

Pmc - Sierra, Inc. (PMCS) rated Hold

Posted on: Friday,  Oct 19, 2007  11:25 AM ET by Stanford Research

PMC-Sierra (PMCS) rated Hold
with price target $9 by Stanford Research.

PMC-Sierra, Inc. (PMC) designs, develops, markets and supports semiconductor solutions for the enterprise networking, wide area network infrastructure, and access network markets. The Company offers worldwide technical and sales support through a network of offices in North America, Europe and Asia. It has approximately 350 different semiconductor devices that are sold to equipment and design manufacturers, who in turn supply their equipment principally to service providers, carriers and enterprises globally. During the fiscal year ended December 28, 2008 (fiscal 2008), PMC?s revenues were derived approximately 50% from the access and wide area network markets, and 50% from the enterprise networking market.

Stanford Research encompasses both institutional equity research and Washington-focused policy research, offering a perspective on individual companies, sector-specific topics and national policy. The importance Stanford Group Company places on research comes from years of experience in a constantly changing world. We know that as markets develop and new sectors grow, it is imperative that our clients have the most accurate information available to ensure financial success. Stanford Group Company clients will always have our commitment to conduct informative and enlightening research. As a part of our commitment to our clients, we provide objective, well-developed research. Our skilled analysts use their talent to provide invaluable research that can help in making important decisions. Thanks to a wide range of resources obtained through technology, experience and reputation, our research analysts develop reports on the most current firms and sectors. Our equity analysts offer insight and opinions on companies in the consumer/retail, media, energy, financial institutions, health care, technology and water/environment sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2007 11:25 AM Hold
None
9.54 9.00
as of 12/24/2008
1 Week up  12.73 %
1 Month up  28.99 %
3 Months up  85.30 %
1 YTD up  71.19 %

(*) Stock Price at the time of the recommendation.
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