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AMCC now is the time to BUY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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AMCC now is the time to BUY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

por AC » 21/7/2004 1:41

AMCC higher and forcing many bearish short sellers of the stock to cover their positions very soon.

AMCC Keep better-than-expected business
performance every Quarter.And for all of this fiscal year, ending March 2005, on projected revenues of $310 million-$320 million. The company is expected to earn something around $0.05-$0.07 a share.

Moreover, even after several acquisitions that nicely expanded the company's scope and customer list, Applied Micro still boasts a slug of cash -- roughly $1.50 a share -- and not a cent of long-term debt.

AMCC was not lowering Q2 and Q3 estimates for
sales.
Somebody will Upgrade to Buy soon.

Good luck for longs.

AC :wink:
Mais vale um pássaro na mão que dois a voar

www.ac-investor.blogspot.com - Now with trade Alerts for US stocks
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