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: Raymond Duray who wrote (1020)	12/5/2000 9:35:18 PM
From: techanalyst1	Read Replies (1) of 1805

"So, I'd say with the exception of the fool's rally after Gore concedes, we're looking at a bear that is not in stealth mode for the next 2 1/12 months. Do you see it otherwise"? Possible that the catalyst for the recent decline was the election mess, but not the real reason and due to that, even good companies were tossed out. It's possible for individual stocks to go up even in bear markets. I don't care about deteriorating sectors. Money will move into the growth stocks. Same old same old. Questions are:... are my companies deteriorating? I don't think so (although Dan Niles would disagree). Are they expensive? Yes. Will they go down from here? Maybe. Will they go up from here? Yes. I'm confident that in the time frame I plan on owning them that they will be many many many times higher than today and that they will indeed lead the market, bear or bull. TA

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