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: Trader Dave who wrote (345)	2/10/2000 5:25:00 PM
From: MulhollandDrive	Read Replies (2) of 1805

>>AMCC is probably a year ahead of itself in valuation in my opinion. It's time for me to get pencil to paper and figure out if it's more than that. If it's two to three years overpriced, it's time to take a slug off the table. It may be a new economy, but economics 101 will ultimately prevail.<< I know we discussed growing into current valuations, but you are right if it's already got 2 to 3 years growth reflected in today's price, it would be time to take some profit. I wondered about the split history though, because I don't think I would want to completely exit the stock especially if there were a split announcement on the horizon. bp

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