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


To: SJS who wrote (193)10/12/1999 9:35:00 AM
From: Beltropolis Boy  Read Replies (1) | Respond to of 1805
 
here we go!

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Market Pulse
By Brenon Daly, Susan Lerner & Tomi Kilgore
CBS MarketWatch
Last Update: 9:27 AM ET Oct 12, 1999

--9:23 am Applied Micro Circuits shares gain after beating the Street

Applied Micro Circuits (AMCC) advances 4 5/16 to 74 1/8 over the Island ECN. The company said after the bell Monday that second-quarter net income was $9.1 million, or 16 cents a share. The consensus estimate on Wall Street was a profit of 13 cents a share. Revenue for the quarter hit $37.9 million, an increase of 49 percent over the year-ago period.