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Technology Stocks : Applied Micro Circuits Corp (AMCC) -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (143)6/24/1999 4:22:00 AM
From: Raymond Duray  Read Replies (1) | Respond to of 1805
 
Hi max90,

I'm a little PO'ed myself that you would fail to make any effort whatsoever to do Due Diligence (like, what's that, dude?) and to achieve some sort of comprehension of the company and the product you planned to invest in. I will guarantee you that if you follow your present course of always having to rely on the advice of others, they will be forthcoming and they will know how to take away your money because you fail to think for yourself.

If you are completely clueless about high tech, I would recommend that you subscribe to the Gilder Technology Report. It cost $300/PA and there is an archive that goes back to 1996. If you read every report from '96 till now, you will be adequately prepared to contribute to this thread.

There you have it. Both my advice and a source of knowledge. I fear in this case it may be a classic case of leading the horse to water.....

Read, Learn and Earn, Ray



To: LTK007 who wrote (143)6/24/1999 10:07:00 AM
From: The Ox  Respond to of 1805
 
Hi Max,
We all have good stocks that have gotten away from us, especially during the early days of investing. It's often difficult to invest in industries that you have little knowledge of.

I still think this is a good one to hang onto and I suggest you look for an entry point. The way the stock has soared suggests to me that we might need a breather or pause at some point in the near future. One option is to average in over a period of time, which I rarely do<vbg>.

I also suggest that you check out the other companies in this sector for possible investment.

If there's anything I can do to help, just drop me a line. I'm not an engineer but I certainly can give you layman speak.

Good luck,
Michael