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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (62031)12/19/2000 6:49:49 PM
From: jcky  Read Replies (1) of 63513
 
Jorj X. McKie,

AMCC was added to the S&P 500 index after the close of the bell to replace JP Morgan. Sounds great, right? Well, the S&P has been the kiss of death for technology stocks of late: YHOO, QCOM, BRCM, JDSU, etc.

Optical stocks have been killed recently and AMCC is still sporting a fairly high multiple. How long will AMCC last?

Regards,
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