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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: Kent Rattey who wrote (133)3/22/1999 4:04:00 PM
From: A. Edwards  Read Replies (1) of 1805
 
Applied Micro Circuits (AMCC): Adams Harkness Lowered EPS:

maintains "accumulate" rating on developer and manufacturer of high performance and high-bandwidth silicon solutions, but lowers estimates due to lower than projected revenues from acquisition of Cimaron; believes it will take longer than most acquisitions for revenues to materialize; lowers FY99 EPS estimate from $0.83 to $0.78 and FY00 EPS from $1.05 to $0.90 a share.....
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