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

To: jmac who wrote (1371)2/21/2001 12:24:27 AM
From: AugustWest  Read Replies (1) | Respond to of 1805
 
deleted,sorry.



To: jmac who wrote (1371)2/21/2001 8:15:10 AM
From: Rustam Tahir  Respond to of 1805
 
poor visibility means, "We're not going to make our numbers." (eom)



To: jmac who wrote (1371)2/27/2001 2:21:44 AM
From: Rob S.  Respond to of 1805
 
When a company's sales and earnings forecasts have been built on a house of cards and their customers are dropping forecasts rapidly it is simple arithmetic to figure out that AMCC will fall down as well. This stock is still too highly priced. It is technically oversold and may bounce soon but I would only advise agile daytraders to go long. AMCC, PMCS and other fat pig darlings; they are likely to head south after any technical rebound.


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