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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who started this subject3/1/2001 1:27:20 PM
From: Dave Gore  Read Replies (3) of 6445
 
Yikes, AMCC just got killed! Rumor of lost contract not true, but downgrade.. Probably an overreaction but it would take guts in this Market to nibble. How quickly things can change, even intraday. A 3 point tank in AMCC in seconds on a stock that was strong today on positive words from other analysts who had been supporting the beaten down stock. I guess the Market decided who to believe. Treacherous market.
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