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 (931)	11/7/2000 6:24:04 PM
From: SJS	Read Replies (2) of 1805

TD, They said they were going to work that inventory off in the next 1 to 2 quarters. That mean, if they work it off, then don't get as many new chips from all these guys, until they get hungry again. Confusion does reign. There are polar opposites in opinion and facts right now. However, either FUD is winning, facts are winning, or we've coming up on the best buying opp in the world. If were wrong, we crash and burn (like today, and like what happened after NT reported). If we're right we recapture some small percentage but not all, of the recent highs. How do you evaluate the risk/reward? Steve

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