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

To: Raymond Duray who wrote (1641)	10/16/2001 8:46:34 PM
From: techanalyst1	Read Replies (2) \| Respond to of 1805

Yeah. I guess so. Some people just think anyone who has anything negative to say about valuation has to be short. What a bunch of crap! In the first place, how many people even read this board? In the second place my posts couldn't possibly influence the trading. In the third place, I've written many times on several boards for a couple years about hedging my positions with covered calls/puts. Although, puts at a stock this price are not really worth the trouble. Valuation alone isn't a reason to short a stock and there are plenty of other stocks IF THEY WERE MUCH HIGHER than they are now, that would be better candidates as a hedge against long positions. I bet there have been a good number of people buying amcc expecting a blow out since the ceo has been buying stock. However, they are likely going to be disappointed, but then again, they haven't researched amcc well if they are expecting that. TA