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


To: Kent Rattey who wrote (133)3/22/1999 4:04:00 PM
From: A. Edwards  Read Replies (1) | Respond to of 1805
 
Applied Micro Circuits (AMCC): Adams Harkness Lowered EPS:

maintains "accumulate" rating on developer and manufacturer of high performance and high-bandwidth silicon solutions, but lowers estimates due to lower than projected revenues from acquisition of Cimaron; believes it will take longer than most acquisitions for revenues to materialize; lowers FY99 EPS estimate from $0.83 to $0.78 and FY00 EPS from $1.05 to $0.90 a share.....