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

To: Trader Dave who wrote (489)	6/6/2000 5:44:00 PM
From: Trader Dave	Read Replies (2) \| Respond to of 1805

Oh Good Grief! Here's the headline from dufusberg news. "AMCC expects slower growth from its biggest customer." Actually, as I understand things, design wins are accelerating and turning into revenues at other customers and AMCC will see just as rapid growth from Nortel, but much much FASTER growth at its other customers. That could also lead to a decline in Nortel percent of revenues. I bet the cfo was responding top a concern about Nortle as the largest customer and the idiot/lemming money managers that heard about the Nortel decrease panicked. I hope they get paid on the intelligence of their trades. I wonder if this sell off will last into tomorrow?