SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Applied Micro Circuits Corp (AMCC) -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (533)6/13/2000 10:55:00 AM
From: SJS  Respond to of 1805
 
CNBC reports that there is a Frost Securities research note that explains the drop in AMCC shares yesterday. It relates to an interpretation of Roth's comments at a luncheon about the OC-192 business.

The interpretation was that AMCC wasn't going to get that business was made from a statement summarized or similiar to the following:

"There is no clear cut leader in the OC-192 business from NT's perspective".

It seems that a few people interpreted that AMCC was not in the running for this business at NT. In fact, that's not true and Frost and Merrill are out in defense of the stock.

If anyone can get the Frost report on AMCC, it would be nice to see.

Steve



To: SJS who wrote (533)6/13/2000 1:29:00 PM
From: Danny Chan  Read Replies (1) | Respond to of 1805
 
while admitting Nortel business is slow for the quarter and yet ML raised seq growth from 20% to 24%, doesn't make logical sense. long term prospectus fine, but it appears the analysts is playing a little numberings here.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News