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

To: SJS who wrote (642)	8/28/2000 10:15:34 AM
From: The Ox	Read Replies (2) \| Respond to of 1805

Amazing that AMCC would fork over 4 billion for MMCN when MMCN's revenues last year were only 70 million! I guess AMCC want's MMCN's niche and is willing to pay through the nose to get it. WOW!

To: SJS who wrote (642)	8/28/2000 12:49:37 PM
From: William F. Wager, Jr.	Read Replies (1) \| Respond to of 1805

SG Cowen responds... Applied Micro Circuits - Strong Buy Acquiring MMC Networks. MMC provides programmable network processors. Purchase brings lots of technology and fits AMCC's long-standing strategy to provide complete systems in optical networking mkt. Purchasing for approx $4.5B, or .619 share of AMCC for each MCC share. More after 8:30 conference call (800) 684-4395. AMCC $189 cnetinvestor.com