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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: Wizard who wrote (1583)9/26/2001 3:46:41 PM
From: techanalyst1  Read Replies (1) of 1805
 
Yeah well.... some of those shares came from MMCN acquisition and some from the secondary. Then there is the magic of three splits. That alone was a factor of 8.

Coulda done better on the secondary. I think it was done in early 2000 at levels much below the highs but at least they have some cash to buy back shares.

What are forward estimates now? Hard to say. Might have a loss for the whole year next year. So how to value this one or just about any stock these days????

TA
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