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: SJS who wrote (504)	6/6/2000 8:21:00 PM
From: William F. Wager, Jr.	Read Replies (1) of 1805

New York, June 6 (Bloomberg) -- Applied Micro Circuits Corp. extended declines in after-hours trading after an official said the company's sales to Nortel Networks Corp., its biggest customer, will slow in the fiscal first quarter. San Diego-based Applied Micro dropped 10 3/4, or 10 percent, to 96 5/64 in extended trading after falling 15 13/16, or 13 percent, to 106 13/16 on the Nasdaq Stock Market. William Bendush, Applied Micro's chief financial officer, said the percentage of sales coming from Nortel will decrease, but he didn't specify by how much.

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