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: Bill Hardison who wrote (220)	10/17/1999 10:31:00 PM
From: SJS	Read Replies (2) of 1805

Bill, If you haven't noticed, these are pretty crazy times <g>. There's no telling what will rise and what will sell off. MCHP rose on their earnings, but AMCC and PMCS fell, but returned. Who knows about VTSS (Monday) and TXCC (Tuesday)? I don't but am ready to get some cheap if it happens to move down unwarrentedly. The psychology and pattern recognition aspects of the market are interesting. Once it gets too predictable, it morphs into unpredicatability. Once we figure it out, it proves us wrong the next time. Many here looked at AMCC hitting 54ish as the buying opp of the day. I just missed some AMCC myself, but did get PMCS at 80 3/8. If you are confident of the LT value of these guys, just find a spot you feel comfortable with and go with it. You won't get the low, and you aren't near the high, so nibble away as you see fit. The market most probably will go lower before it goes higher. I am making selected buys in companies that have a role in reshaping the planet's communications infrastructure and workspace. There is nowhere else I rather invest: semi & telecom (although leading edge biotech is close....) Regards, Steve

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