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


To: Ibexx who wrote (1491)4/25/2001 6:33:10 PM
From: FR1  Read Replies (1) | Respond to of 1805
 
I doubt you will get the chance again. I bought at $15 and consider myself lucky.

People going short and playing the bear at the bottom of a FED cycle, like many on this thread, almost always lose. To protect their investment they go on threads like this and scream bloody murder in an attempt to get other people to dump the stock. Ask yourself this question: why else would people spend their time talking down a stock they thought was bad? If they felt the stock was bad they would have sold it and moved onto something else. There is probably a unusual amount of angst today for shorts because everybody thought the stock would tank horribly today after last night's report.

Almost all the short-term prospectors are gone from this stock. People are holding to see if we start to get a turn around in mid-year. LU was a positive bit of news. We will see.