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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: vestor who wrote (105)12/14/1998 12:41:00 PM
From: froche  Read Replies (1) of 1805
 
Hello Vestor,

I would have to admit that AMCC has had a nice run, but it seems that they are pulling back right now... Any ideas why? I think that at current prices, the P/E ratio is over 40, where the other semi's are around 35.. Do you think we could get a pull back into the $27 range?

Thanks for your response.

Frank
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