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

To: tinkershaw who wrote (1349)	2/15/2001 7:32:56 PM
From: FR1	Read Replies (1) \| Respond to of 1805

Thanks. I have been trying to decide whether or not to add to my position. We are getting a 9-10% loss after hours which means there will be weakness tomorrow for buying. It seems to me that after NT today, almost everybody major that is involved in the broadband-semi/optical market has spoken and gotten out the most negative statement they can. Therefore, it seems like a good tome to position myself for the rest of the year. Below is a list of how I see the businesses. What do you think? The only guys I don't know what to do with are PMCS, JDSU and BRCM Growth Winners: AMCC JNPR CIEN Flat Growth: GLW Losers: NT CSCO LU

To: tinkershaw who wrote (1349)	2/15/2001 8:34:46 PM
From: t2	Read Replies (1) \| Respond to of 1805

NT is about 20% of AMCC's business and shrinking quickly. From every indication I heard the OC-192 stuff is just flying, it is the older stuff that is having a slowdown. In addition, if Nortel's problems are lack of competitive product, than that is not a real concern for AMCC. Because, if it is a high-end product, almost certainly the competing alternative is also using AMCC chips. Ciena, as an example, uses AMCC chips. So does Juniper. So if Cisco slips in routers, Juniper will make up for it, etc. AMCC is nearly the perfect proxy for high-end optical equipment, except growing somewhat faster. That is the explanation I was looking for. I had also vaguely remembered that AMCC was high end optical. Thanks for the information. Looking to load up on Ciena, JNPR and AMCC, on general weakness if we are lucky enough to get it. Also looking at JDSU, which makes optical components and has no exposure to other sectors. Their SDLI division (newly acquired) has long long lead times and is really the strength of the company. I guess the news out of NT is that legacy systems are seeing big declines in spending, consistent with what the CEO of Ciena stated.