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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: zbyslaw owczarczyk who wrote (1577)9/25/2001 8:15:36 PM
From: G.F.  Read Replies (1) of 1805
 
Right now it is valued at $7.62/shr. Putting a historical p/e on a growth company that is in the midst of a severe recession in its industry is not effective. I was trading on technicals before but now it's a matter of expected future earnings after recovery, otherwise I would dump it here.

GF
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