Applied Micro Circuits Corp (AMCC) Message Board

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Technology Stocks : Applied Micro Circuits Corp (AMCC)

AMCC 8.450

0.0%

4:00 PM EST

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To: Ibexx who wrote (1601)	10/6/2001 10:04:05 AM
From: techanalyst1	Read Replies (1) of 1805

I noticed that. Doesn't mean that amcc won't be capped by valuation or go lower if earnings aren't up to snuff. The ceo of aeth bought over a million shares and is under water on them. Not many companies have ceo's that are willing to buy out of their own pockets and in Amcc's case also have a share buy back program. Best thing is for amcc to develop a strong base where we get accumulation by long term holders. TA

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