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

Rating:
Neutral PMCS
up 7.93 %

Pmc - Sierra, Inc. (PMCS) upgraded to Neutral by Banc of America Sec

Posted on: Thursday,  Apr 10, 2008  8:25 AM ET by Banc of America Sec

Banc of America Sec rated Neutral Pmc - Sierra, Inc. (NASDAQ: PMCS) on 04/10/2008. Previously Banc of America Sec rated Sell Pmc - Sierra, Inc.
(NASDAQ: PMCS) on 12/13/2007., when the stock price was $6.80. Since then, Pmc - Sierra, Inc. has lost 7.35% as of 04/10/2008's recent price of $6.30.
If you would have followed the previous Banc of America Sec's recommendation on PMCS, you would have gained 7.93% of your investment in 119 days.

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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/10/2008 8:25 AM Hold
None
6.30
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2007 8:25 AM Sell
None
6.80 6.00

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