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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: Drake who wrote (530)6/12/2000 4:08:00 PM
From: SJS  Read Replies (2) of 1805
 
Hi Drake. I thought AMCC was beginning the healing process. I guess it's still vunerable to the continued misunderstandings from last week.

I still don't think there is anything wrong with the company. All I've researched and read and talked with people about lead me to believe that this is opportunistic momentum traders and short selling having their way with the stock......for now.

It's taking out stops pretty aggresively on the downside, and there may even be options expiration involved.

As far as RFMD, it's had a good run, and it's probably consolidating.

Anyone else got any news of note or merit (or opinions)?

Steve
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