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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: Yo Eleven who wrote (76)7/15/1998 11:41:00 PM
From: Time Traveler  Read Replies (1) of 1805
 
So, with $0.02 over estimate, the stock should be fairly rewarded tomorrow.

Now, why does the tax rate increase from 3% to 36% in a quarter? That is quite a jump! The professional analysts knew about it, and we amateurs don't. Can anyone shed some light on how such a sky-rocket increase of tax rate?

Time Traveler
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