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: Sweet Ol who wrote (438)	4/15/2000 2:28:00 AM
From: John F.	of 1805

Nice work John. Looking forward to your results. Allow me to contribute 1 opinion for what it is worth. One thing to keep in mind is that .. although the Nasdaq has had quite a run up since Sept. '98, I would suggest that the Nasdaq was, at that time, depressed due to 2 big events: 1st we had the Asian Flu in Aug. '97 and then we had the Russian bond problems in Aug. '98. I agree that this Nasdaq got way ahead of itself, and, I think that since we overshot on the upside, we probably need to overshoot on the downside a little before heading back up. Anyway, keep that in mind if you would while you do your analysis. Thanks. Have a nice weekend. And, good luck with your investments.

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