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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: Trader Dave who wrote (332)2/7/2000 3:37:00 PM
From: MulhollandDrive  Read Replies (1) of 1805
 
>>the only comfort we can take is that the company's guidance seems conservative
and their design win rate helps project well in the intermediate term.

but, bottom line, any pe ratio that requires scientific notation means there is
enormous risk.<<

I've all but given up on PE ratio as a valuation metric. Your point is well taken though, let's hope the conservative guidance from the company allows AMCC to "grow into" it's PE.

bp
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