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


To: Stoctrash who wrote (1395)3/1/2001 2:38:07 PM
From: techanalyst1  Respond to of 1805
 
My quarrel with you Fred was NOT that it wouldn't go down, but rather that Insider Selling wasn't a sure way to tell that there were problems.

It wouldn't have taken much to see that AMCC would have to guide lower. NT is a BIG customer. I bet there were lots of shorts in it and they're all covering now. Stock is very oversold anyway.... not that it can't get MORE oversold. Just because it goes up today, doesn't mean the lows are in.

TA



To: Stoctrash who wrote (1395)3/1/2001 2:43:37 PM
From: DiB  Read Replies (1) | Respond to of 1805
 
It seems that the public likes this revised 133 mln figure...