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 (814)	10/26/2000 7:57:02 PM
From: waverider	Read Replies (1) of 1805

Steve...I fear to say this for I know all too well what happens to posters who bring unwanted views to momentum stocks... But as you know, I'm qualified to give some advice since I rode QCOM down from $200 to $51 1/2. Look you guys, AMCC is a great company and by any measure they are creating an excellent market by superior products and management...but just remember the market doesn't give a shit about that sometimes. There is a REAL possibility that you could all shed a lot more blood here. If you draw some trend lines on the stock it is possible that you could see $70 before this is over. And no, I don't mean after the split. No explanation for all this, just a reality check from someone who has been through it all. Just take a look at the chart like the big money guys do. They want your shares and will do what they can to get them. Just have an exit strategy in case you see more deterioration in the stock price. Watch out if you start to break below the low set yesterday. Take Care, Rick

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