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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: SJS who wrote (186)10/11/1999 5:06:00 PM
From: Beltropolis Boy  Read Replies (1) of 1805
 
steve.

devastating at first blush.

crushed consensus, which by my account, looked like $0.13.

did you check out the margins? both gross and net profit up 2.6% and 2.5% sequentially Q2 over Q1, respectively.

sell the news? i hope so ... cuz i'm not a shareholder!

personally, i'll go out on a limb and say no way. (whatever the hell this is worth: AMCC beat consensus by 'only' a penny in Q1 and moved up $2-1/8 the following day.)

-chris.
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