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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: Dave Grady who wrote ()3/15/1998 9:24:00 PM
From: James Sinclair   of 1805
 
Speculation on Possible Intel Takeover Targets Includes AMCC

Saw the following in a Dow Jones article on Intel:

- Applied Micro Circuits (AMCC): If Intel wanted to get more
aggressive in networking, it might consider acquiring talent in the area
of bipolar circuits, a kind of semiconductor that's good for very
high-end networking. At a market cap of around $360 million, AMCC is one
of the cheapest pure plays in networking. The company currently supplies
3Com and others with chips for corporate and wide-area backbone networks
using Gigabit Ethernet. Its products for storage technology, such as
Fibre Channel, are important but probably outside of Intel's interests.
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