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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: pass pass who wrote (1528)6/26/2001 11:01:45 AM
From: BWAC  Read Replies (2) of 1805
 
<But does this news really surprise anyone? Shorting now is like buying at the $150.>

The revenue level was shocking. The expected loss at that particular revenue level was shocking in a good way. It would indicate that AMCC's cost structure isn't way out of hand. And indicate that a return to higher revenue levels should show a return to high levels of earnings.

I still am surprised it isn't being sold off more. And very skeptical that it will remain this way. A little voice keeps saying no shorting until after Greenfool graces us with his next illfated decision. Then we'll see exactly what the real reaction to AMCC is.
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