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

To: Brian Sullivan who wrote (262)	12/11/1999 8:26:00 AM
From: riposte	Respond to of 1805

AMCC Added to NASDAQ 100 Washington, D.C.?Effective with the market open on Monday, December 20, 1999, the components of Nasdaq-100 Index© will change. The following issues will be added to the Nasdaq-100 Index: MedImmune, Inc. (MEDI); EchoStar Communications Corporation (DISH); Metromedia Fiber Network, Inc. (MFNX); PMC-Sierra, Inc. (PMCS); Adelphia Communications Corporation (ADLAC); i2 Technologies, Inc. (ITWO); BroadVision, Inc. (BVSN); Network Appliance, Inc. (NTAP); Legato Systems, Inc. (LGTO); NEXTLINK Communications, Inc. (NXLK), SDL, Inc. (SDLI); Applied Micro Circuits Corporation (AMCC); RF Micro Devices, Inc. (RFMD); Network Solutions, Inc. (NSOL); and QLogic Corporation (QLGC). In addition, shares of each of these companies will be included in the Nasdaq-100 Index Tracking StockSM (Amex: QQQ), which are securities that represent ownership in the Nasdaq-100 TrustSM. The Trust holds a portfolio of equity securities that compose the Nasdaq-100 Index and aims to provide investment results that generally correspond with its performance. nasdaqnews.com

To: Brian Sullivan who wrote (262)	12/12/1999 2:23:00 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 1805

Hi Brian, Secondaries can swing both ways. IRID's earlier this year was a disaster for shareholders. OTOH, JDSU pulled one off in August and the market hiccupped for about three days before that roKKitstock continued on its parabola. It really depends on the underlying strength of the company, the intergity of management and the uses to which the funds are put. In the case of AMCC, I have complete faith in management, admiration even. The underlying company strength is tops and the funds go toward expansion of sales in burgeoning markets. I don't want to sound too Pollyannish about this, but I think that we shareholders will do just fine with this one. Best, Ray