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: Czechsinthemail who wrote (89)	9/21/1998 5:28:00 PM
From: paul kim	of 1805

AMCC "seems" lower priced because VTSS is more of a pure play datacomm Co. As far as the production facility, AMCC is managing this well in their SD location. Any overage/short fall can be soaked up in good speed by them being 20% "fabless". VTSS, PMCS seem to have bottomed which points to an upward bias for AMCC in the next few days. If we breakthrough 15 1/4 with ease tomorrow, then the stock should recieve decent uplift. The Mont. conference was up beat last week and a house place two large block buys at a bit over 16 on Fri. The quarter is on track with margins intact. The second part of the Raytheon order came in this q and the revenues should be spread over the next 3 q's. The "downdraft" from CIEN and ALA has been over done along with the "hold" from CSFB. In fact many houses reiterated their "buys" last week. Looking for 20+ in the near future.

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