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: techanalyst1 who wrote (1406)	3/2/2001 12:26:22 PM
From: Raymond Duray	Read Replies (1) of 1805

Plus, there are alot of companies that announce stock buybacks that never go through with it. The article I read yesterday pointed out that only about 60% of all announced buybacks are effectuated. The idea is simply to get the press release out to support the stock price in the open market. The announcements of lay-offs has a similar track record of being dissembling for the sake of placating the public markets. In the past, I loved the fact that Rickey aligned the interests of the public shareholder with that of company managers who's options vested when the price of the stock rose. In complete contradistinction to the method of Henry Nicholas at BRCM. Today, I'm not quite sure I understand the options policy at AMCC. Best, Ray :)

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