PMC-Sierra, Inc. ( PMCS) Q4 2010 Results (Qtr End December 26, 2010) January 27, 2011 4:30 p.m. ET Management David Climie - VP, Marketing Communications & IR Mike Zellner - VP and CFO Greg Lang - President and CEO Analysts Ruben Roy - Pacific Crest Securities Sandy Harrison - Signal Hill Group LLC James Schneider - Goldman Sachs Harlan Sur - JPMorgan PresentationOperator Good day, ladies and gentlemen, and welcome to the Q4 2010 PMC-Sierra Earnings Call. Today's call is being recorded this Thursday, January 27, 2011. At this time I would like to turn the conference over to Mr. David Climie, Vice President of Marketing Communications. Please go ahead, Mr. Climie. David Climie
Thank you. Good afternoon, everyone, and thank you for attending our investor conference call. With us on the call today is Greg Lang, President and CEO, and Mike Zellner, Vice President and CFO. Please note that our fourth quarter 2010 earnings release was disseminated today via BusinessWire after market close and a copy of the release can be downloaded from our website. Before we begin, I'd like to point out that during the course of this conference call we'll be making forward-looking statements that involve a number of risks and uncertainties. These risks and uncertainties include but are not limited to product demands, inventory levels, pricing, exchange rates, taxation rates and other risk factors that detailed in the company's SEC filings. Actual results may differ materially from the company's projections. For further information about these risks and uncertainties, please read the company's SEC filings including our forms 10-K and 10-Q.