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

To: Bulldozer who wrote (201)	10/13/1999 12:48:00 PM
From: Beltropolis Boy	Respond to of 1805

appreciate that, BD. especially the Nortel tidbit. for the rest of the board, this just in from IR. (not sure how long it's valid) ----- You may listen to the replay of our conferrence call by dialing 800/696-1558. The passcode for the call is 602268. Regards, Debra Hart

To: Bulldozer who wrote (201)	10/13/1999 1:46:00 PM
From: Beltropolis Boy	Respond to of 1805

*slight OT* >Raytheon still has $5.4 million left. AMCC only chose to recognize $500K this qtr. AMCC can recognize it whenever it wants to and will gradually take it down.< and not a moment too soon! Raytheon got beat with an ugly stick. where's a good Scud missile war when you need one? <vbg> along with Lockheed, another pair of drunks propping each other up (to quote some wise sage). ----- Raytheon Further Reduces Forecast of Profit, and Shares Fall 43 Percent Less than a month after warning investors that earnings would be lower than expected, Raytheon Co. reduced its forecasts again Tuesday, sending its shares plunging 43 percent after a delayed opening on the New York Stock Exchange. nytimes.com (free if you're registered)

To: Bulldozer who wrote (201)	10/20/1999 1:13:00 PM
From: Beltropolis Boy	Respond to of 1805

>Nortel is a big customer, but AMCC sells into 4 divisions spread out over the world - so its a little more diversified than one would think.< thanks -- i did some digging and for the benefit of others on the board, the four Nortel divisions are Calgary for the Metrocell line, Montreal for ASICs, Europe for OC-12 devices, and essentially Bay Networks (via Cimaron design wins). btw, BD, what do you think of VTSS finally cracking the mighty Nortel? other tidbits during the quarter: * 15 new products released (11 - SONET, 2 - Gigabit Ethernet and Fibre Channel, 2 - OC-192 SONET). 9 - SiGe, 6 - CMOS. * OC-48 product revenue increased 74% sequentially to $15.6M; OC-12 product revenue was $8.5M. thus, OC-12 and -48 represent roughly 64% of this quarter's revenue. * Lucent represented $1.1M of sales (which is just under 3%), but wins will boost this number as they ramp over time. * Cimaron's framers & mappers are securing design wins in previously-unavailable markets. * Fab utilization is roughly 75%. AMCC will spend $5M in Q3 to increase capacity and more next year for increasing demand. * Book-to-bill = 1.15 overall; 1.2 for comm business. 12-month backlog was $47.5M; $36.8M shippable in the next three months. * DSOs down to 45 days versus 60 in the previous quarter. * Hi/fn is low-fi (noise).