Applied Micro Circuits Corp (AMCC) Message Board

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Technology Stocks : Applied Micro Circuits Corp (AMCC)

AMCC 8.450

0.0%

Feb 3 4:00 PM EST

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To: SJS who wrote (927)	11/7/2000 11:26:22 PM
From: Don Miller	of 1805

Steve, Thanks for your post of Pru's opinion. I have one question I cannot get out of my mind, besides who is really going to win Florida, Iowa, Ark. & Ws. Sorry I got side tracked there. The question is how do you explain a company seeing backlog increasing in the face of Pru's opinions, inventory builds, & capex cuts. It just does not hang together and a backlog is nearly hard money to me. I am amazed the stock started lower and stayed there after the news release. We have a fresh bunch of Momentum posters on the Yahoo BB, they are clearly in a pump phase at this time. We have only 3 publicly disclosed brokerage houses with a buy rating, 12 are a strong buy. We would need to see some of those buy ratings upgraded. Don

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