Applied Micro Circuits Corp (AMCC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Micro Circuits Corp (AMCC)

AMCC 8.450

0.0%

Feb 3 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: G.F. who wrote (1622)	10/12/2001 1:54:53 AM
From: techanalyst1	Read Replies (2) of 1805

No. I'm not using recessionary pe's. Amcc doesn't have a forward pe. I'm using price/sales plus cash. Even if amcc were to double their sales (David Rickey already said this quarter will probably be flat with last quarter, so sales are in the $40 million range and not much better until AFTER their next FY starts which is after March at which time he's expecting "moderate growth" whatever that is), it's still a p/s of nearly 8 plus the cash on hand at a share price of 12. No matter how you slice it, it's expensive. That doesn't mean it won't go higher, as we've seen in the past. TA

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next