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


To: Raymond Duray who wrote (605)8/7/2000 11:10:44 AM
From: a_dumb_blonde  Read Replies (1) | Respond to of 1805
 
Hello Raymond,

Nice try--but no cigar. I'm not the person you mention.

How much volatility can I tolerate? Well , to give you an example...in 1996 I bought shares in a fibre channel company @ $5.00 --rode it up to $40 over the next few months, then over the next YEAR rode it all the way back down to $1.00 and held on!! BTW, over the past year this company did make it's way back to the $60-ies and recently got acquired by QLogic. And for the record, I believe that QLogic and the entire fibre channel/NAS/ SAN space is going to be one of the next new-new tornadoes on the i-landscape.

SOOO the moral of the story is that I can take the heat. However, having said that, buying AMCC at the 200dma sure sounds good to me :-)

a_dumb_blonde