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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: DBrian who wrote (1290)2/1/2001 2:17:11 PM
From: Kayaker  Read Replies (2) of 1805
 
My guess is that it's a combination of things. We had a nice run up but most companies have now reported, the Fed has lowered, so techs are selling off. AMCC ran up more than most so possibly has more to give back (?). I also think what's discussed in this article (Don Miller's post) will be a concern to some folks until proven otherwise in the next earnings report. Has AMCC escaped the PMCS problems or did PMCS just see it first?

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