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Applied Micro Circuits Corporation Message Board

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  • oltarheel oltarheel May 2, 2002 3:50 PM Flag

    conference

    from ML site, amcc said previous goals and forecasts have not changed. talked a lot about the changing mix of switches - more to metro for example. said no buyback of shares - would rather use the cash to further the business. ML hasn't changed their ratings (neutral short term, buy long term).
    oltarheel (holding 985 shares)

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    • I wish to hell all I had was 985 shares, but I feel the pain........ :-)

      • 1 Reply to justwatchingus
      • << I wish to hell all I had was 985 shares, but I feel the pain >>
        nope, now up to 1010 shares. trading - out at 6.51, back in at 6.29.
        someday, these shares might be worth some "real money". imagine the stock trading at 50 bucks someday, and by "trading" over several years - those 1010 shares are up to 10,000 shares. don't laugh, i started with 490 shares in november (at 12+ per share). the only way i can stay afloat with the price falling is to trade the hell out of it.. next transaction will be a sell (hopefully for at least 7 bucks). good luck to you.
        oltarheel

 
AMCC
8.45+0.11(+1.32%)Aug 1 4:00 PMEDT

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