News For PMCS From The Last 14 Days Check below for free stories on PMCS the last two weeks.
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February 4, 2010
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| 10:22 EDT |  | PMCS |
| theflyonthewall.com: | PMC-Sierra falls after Broadcom acquires competitor | | PMC-Sierra (PMCS) is retreating, after Broadcom (BRCM) announced last night that it would acquire Teknovus, one of PMC-Sierra's main competitors in the field of EPONs, or Ethernet passive optical networks. In a note to investors today, Brigantine analyst Allan Mishan wrote that Teknovus could become significantly more competitive to PMC Sierra as a part of Broadcom. Teknovus will likely be able to use Broadcom's technology and know-how to add more features to its products, Mishan explains. While the analyst sees the deal as a threat to PMC-Sierra, he notes that PMC-Sierra has strong relationships with key Asian suppliers while the large amount of time needed to complete EPON designs means that it would take a long time for PMC Sierra to lose market share. Mishan maintain a Buy rating on PMC-Sierra, which dropped 66c, or 7.91%, to $7.68 in early trading. :theflyonthewall.com |
| | 08:25 EDT |  | PMCS |
| theflyonthewall.com: | Broadcom acquisition a threat to PMC-Sierra, says Brigantine | | Brigantine notes that Broadcom (BRCM) announced it will be acquiring Teknovus, PMC-Sierra's (PMCS) primary competitor in EPON ICs. The firm believes Teknovus could become significantly more competitive against PMC-Sierra as part of Broadcom. :theflyonthewall.com |
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January 28, 2010
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| 16:22 EDT |  | PMCS |
| theflyonthewall.com: | PMC-Sierra reports Q4 EPS 17c vs. consensus of 15c | | Reports Q4 revenue $139.5M vs. consensus of $136.8M. :theflyonthewall.com |
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