Technology Stocks : Applied Micro Circuits Corp (AMCC)


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To: techanalyst1 who wrote (1192)1/16/2001 3:05:41 PM
From: Don Miller of 1805
 
Thanks, not sure I could name a positive indication myself. I guess a 25% QoQ growth projection would do it for me (ya fat chance of this one), 20% would seem to be more of the same certainly worth a $60's price, and I think 15% would hammer the stock short term to as low as may be $45. I have stepped aside until we hear the guidance.

By the way, my biotech has gotten two unexpected international approvals today, but the big US approval remains over due. I'm chemically educated so it's easier for me to appreciate the chemical IP but not the resulting biological consequences of this one biotech.

FYI, I can respond to market conditions a little more easily than some others. I have a useful size IRA, so I can move more freely in and out without the consequence of short term cap gain taxes.

Thanks for the exchange of thoughts.
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