Rick Billy Quotations
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Believe Quotes
PMC-Sierra has a business outlook that is undiminished from what it was six to nine months ago. I believe PMC can grow its revenue 40-50 percent in each of the next three years. We are getting to the point where there are some compelling values out there. If you look out 18 months, I think investors in this sector will do well.
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Beginning Quotes
Most communications chip companies have grown two to three times their sustainable growth rate over the past few quarters because everyone was building up inventories. There was a shortage mentality, and suddenly everyone is beginning to say there is no shortage anymore, so I don't have to over-order.