Dear PSL members,

Stocks falling on insider selling: (BSX, PMCS, PBCT, LSCC)

Boston Scientific Corporation (NYSE: BSX) reported the fall of 1.58% to close at $5.60 whereas overall traded volume stood at 27.57 million shares. Its total market capitalization arrived at $8.49 billion. Boston Scientific Corporation is a developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties, including cardiac rhythm management, electrophysiology, interventional cardiology, peripheral interventions, neurovascular, endoscopy, urology, women’s health and neuromodulation.

PMC-Sierra, Inc. (NASDAQ: PMCS) plunged by 1.09% and closed at $8.16 with total traded volume of 3.31 million shares. Its price to earnings ratio ended at 18.98 for the day. PMC-Sierra, Inc. (PMC) designs, develops, markets and supports semiconductor solutions for the Enterprise Infrastructure market and the Communications Infrastructure market. The Company offers worldwide technical and sales support through a network of offices in North America, Europe and Asia. PMC has approximately 400 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. PMC sells its semiconductor solutions primarily into two general markets:  the Enterprise Infrastructure market and the Communications Infrastructure market. In June 2010, the Company completed the acquisition of the channel storage business from Adaptec, Inc.

People’s United Financial, Inc. (NASDAQ: PBCT) moved down by 0.86% and closed at $13.84 whereas traded volume stood at 6.23 million shares. Its total market capitalization ended at $5.09 billion for the day. People’s United Financial, Inc. (People’s United Financial) is a savings and loan holding company. The principal business of People’s United Financial is to provide, through People’s United Bank and its subsidiaries, commercial banking, retail and small business banking, and wealth management services to individual, corporate and municipal customers.

Lattice Semiconductor (NASDAQ: LSCC) went down by 1.43% to close at $5.51 with overall traded volume of 1.60 million shares. LSCC’s price to earning ratio arrived at 22.04 in the last trading session. The PMI Group, Inc. (TPG) through its subsidiary PMI Mortgage Insurance Co. (MIC), and its affiliated companies (collectively PMI), provides residential mortgage insurance in the United States. During the year ended December 31, 2009, the Company operated in three business segments:  United States Mortgage Insurance Operations, International Operations and Corporate and Other. As a United States residential mortgage insurer, PMI offers a variety of mortgage insurance products to meet the capital and credit risk mitigation needs of its customers.

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