Applied Micro Circuits Corp (AMCC) Message Board

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Technology Stocks : Applied Micro Circuits Corp (AMCC)

AMCC 8.450

0.0%

Feb 3 4:00 PM EST

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To: Eye who wrote (28)	2/9/1998 12:14:00 PM
From: bajaseatrader	Read Replies (2) of 1805

Your analysis is right on.My experience with hot stocks[ which this is]buy before the offering.Many institutions are waiting to get a position in this stock.The secondary gives them the opportunity to get aboard at a good price. They buy more in the after market driving the price up.

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