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

To: pass pass who wrote (1528)	6/26/2001 12:51:53 AM
From: rocklobster	Read Replies (1) \| Respond to of 1805

I don't know pass pass.. I'm not short or long but from reading these boards, it seems that a lot of people expect AMCC to see the single digits real fast.. at the beginning of 2001 AMCC was supposed to be a high growth big cap tech with estimated revenues of 400,000,000 and now its looking like less than half of that. As if that were'nt bad enough, they are no longer bringing in enough revenue to remain profitable or to remain big cap status. ok here's the link James Kramer article I guess Message 15993425 The effect of that last piece of info means Funds holding AMCC under a big cap allocation will have to dump it. I read this in an article which I believe was on briefing.com but I know was posted on Silicon Investor somewhere..let me see if I can find the link.. just a heads up I have no position but it looks like a sweet short to me.. rok

To: pass pass who wrote (1528)	6/26/2001 11:01:45 AM
From: BWAC	Read Replies (2) \| Respond to of 1805

<But does this news really surprise anyone? Shorting now is like buying at the $150.> The revenue level was shocking. The expected loss at that particular revenue level was shocking in a good way. It would indicate that AMCC's cost structure isn't way out of hand. And indicate that a return to higher revenue levels should show a return to high levels of earnings. I still am surprised it isn't being sold off more. And very skeptical that it will remain this way. A little voice keeps saying no shorting until after Greenfool graces us with his next illfated decision. Then we'll see exactly what the real reaction to AMCC is.