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: Bulldozer who wrote (196)	10/12/1999 4:37:00 PM
From: Trader Dave	of 1805

Whoa BD! Big Difference! We did much of our pmcs buying when it had forward pe ratios of 20 to 40 times forward estimates. While I share your enthusiasm for AMCC's prospects, AMCC's forward PE is around 65 times. Longer term, if the growth is as powerful as we hope, it won't make much difference at all, but short term, there's plenty of downside risk too. TD

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