This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

PMC-Sierra's Management Presents At 40th Annual JP Morgan Global Technology, Media And Telecom Conference (Transcript)

PMC-Sierra, Inc. (PMCS)

40th Annual JP Morgan Global Technology, Media and Telecom Conference Call

May 16, 2012 4:10 pm ET

Executives

Michael W. Zellner – Vice President and Chief Financial Officer

Analysts

Harlan Sur – JPMorgan

Presentation

Harlan Sur – JPMorgan

Good afternoon. My name is Harlan Sur, semiconductor analyst here at JPMorgan. Very pleased to have Mike Zellner, Chief Financial Officer of PMC here with us today. I’ve asked Mike to provide us with a brief overview of PMC that will be followed by a few questions from myself, and then we’ll go ahead and turn it over to the audience.

So, Mike, thank you very much for joining us today, and the floor is yours.

Michael W. Zellner

Harlan thanks. Thanks for inviting us. The conference has been good. We’ve had a lot of good one-on-ones. So, I’ll start with, just at a high level, talking about a few – the way we would like to profile the Company, and then we’ll get into some more details as Harlan said. So, we see ourselves as a semiconductor innovator, of course that’s transforming networks really that connect, move and store digital content, so a very high-level concept.

To give it a little more color, when you think about, we’re in both the storage sector in terms of doing both controllers and expanders. We’re in the optical network previously kind of thought was wireline, where we have a focus kind of in the metro switching infrastructure, as well as kind of the edge with fiber-to-the-home products that are both ONT and ONU, which is kind of a head end, as well as client side. And then we have a piece that’s focused on the backhaul part of the network.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.07 +0.12 0.01%
NASDAQ 4,462.9020 +20.2040 0.45%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs