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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: Stoctrash who wrote (1495)8/1/2001 12:45:54 PM
From: techanalyst1  Read Replies (1) of 1805
 
No... amcc is not going to single digits.

David Rickey already said that they have NO backlog and that's the reason they have no more cancellations. If that can't bring them down, then it's not going to single digits even if it's expensive.

Get with the program and notice that the people trading these stocks have been making 20% on them two or three times a month.

Brcm is even better than amcc. Who cares if they aren't going to break to the upside. Who cares if they go nowhere. That's no reason to not make some money. Top of the range is close. Guess we'll see if they break out of the range. Doubtful and hoping they don't. I rather get a strong base and lots of cash in the meantime.

Beats waiting for single digits to cover or have you been shorting rallies and covering the dips?

How come you changed your name?

TA
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