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: Ron who wrote (1053)	12/7/2000 10:11:36 PM
From: Kayaker	Read Replies (1) of 1805

and after INTC earnings comments tonight, we may NOT see it for awhile. I'm not so sure that's a problem. Most stocks dipped quickly in after hours when trading on INTC was halted. But, most came back and many such as AMCC, JDSU, PMCS, NTAP are now UP from their closing numbers. INTC came back to where it closed the day. The following posted by Ibexx earlier sounds about right to me. The following is taken from OptionInvestor.com: "As of 6:PM all of the Intel inspired after hours dips on stocks like RMBS, IBM, DELL and MU have all recovered to the same level where they closed. This bodes well for the open on Friday assuming the news is also positive. This would confirm to me that we are at a bottom when major companies can warn and have no market impact. Of course we still have a lot of dark before morning and anything can happen. After hours trading can be only a vague hint of the morning direction but it appears to be positive at this point. Intel is trading over its closing price now and that is very bullish. Keep your fingers crossed and start looking for Santa Claus." Hopefully, we'll also get an increase in the unemployment number tomorrow.

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