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


To: G.F. who wrote (1578)9/25/2001 8:22:40 PM
From: techanalyst1  Read Replies (1) | Respond to of 1805
 
Well.... it does seem to me that if this stock is cyclical, it should be vauled like a cyclical. Expensive to the nines at the bottom, but since no one knows an approximate cyclical time frame for it and when growth will resume and this is a bear market, it's in free fall.

Seen lots of stocks though that do this and they fall 50% from where ever their recent rally attempt got them to and that's it.

If you think it started falling after it rallied to 15, half way is 7.50.

But who knows? Definately not me.

TA