Applied Microsystems 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 Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Snowshoe who wrote (77)	9/23/1997 7:39:00 PM
From: Todd E Godwin	of 134

To All: Technically, this one looks beautiful. Today's action confirms a spectacular chart breakout on huge volume (30X normal daily volume). The stock closed today above the 200 day Moving average for the first time in almost a year and a half. The 50 day looks to be crossing the 100 day average soon, as the stock should attempt to make even higher highs. Fundamentally, the company's product momentum is just beginning to catch on, and with the Wind River deal, momentum should pick up even more steam. Analysts at Needham and H&Q recognize the fast growing popularity of APMC's product. The simultaneous upgrades of the stock today bode very well for upcoming earnings and future stock appreciation. I can see the stock price moving steadily higher in the near future. APMC's peers, INTS and WIND have been going gangbusters lately. The embedded software niche is quickly becoming a very hot sector. APCM has one of the hottest products right smack in the middle of it. Looking forward to the coming weeks. Onward and upward!!! Todd

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next