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

To: BWAC who wrote (1564)	9/25/2001 4:45:30 PM
From: techanalyst1	Read Replies (2) \| Respond to of 1805

Yes, but they are losing money now. And I bet they only come in with about 40 Million in revenues per quarter for this one and next... maybe even less. That's a pretty expensive stock even with the cash. Plenty of stocks in cash burn are trading for less than the cash they have on hand. I keep wondering what is up with pmcs. Volume on it has been pretty high. Expensive too, but for some reason the volume is sooooooooooooo high.... like someone thinks they'll be warning soon. I kind of think that when the sellers come in, shorts pile on too. Maybe they're in a hurry to short it before it gets to 7. Amcc can't support the price by itself. Takes buyers too and for now the stock just doesn't have enough. At least we know we're closer to THE bottom. TA