AMCC makes their numbers

[Admin]

finance.yahoo.com/news/applied-micro-circuits-corporation-reports-210500571.html

[christopher]

Last Quarter: Q1 2016 earnings were $37.8M and projected revenue for Q2 2016 was $39M

This Quarter: Q2 2016 earnings are $39.7M and projected revenue for Q3 2016 is $40.5M

The most important comment I noticed during the call was the CEO stating "We are ONE company"  in response to a question asking if AMCC would entertain anyone interested in purchasing one particular component of their business.

To me this says: as a whole,  We are for sale

[Admin]

I agree. It's for sale, but it's a package deal.

What do you think...? $42M Q4 for a $160M year?

He was vague, but I took away that we're supposed to see the ramp start in calendar '16.

2017 could be a helluva year.

[christopher]

phobos,

I HOPE that $42M Q4 for $160M year is in the cards.

Looks as though Q2 is not going to push us over $7.00. I am tired of looking at a $6.00 stock and I will not like going back to $5.00 either.

Here is looking for the ramp to begin by Q4 of 2016.

With over 11% shares SHORT, I bet we will be dropping ALOT during Q3.

***Maybe I have spoken too soon! ***  11/03/2015

as AMCC share price is being traded with a heavy number of shares supporting the $7.00 level.

over 800,000 shares traded by 1:00 PM ET @ $7.00 share

Here's another update:

WaaHooooooo!!!

AMCC share price has blown thru $7.00  and we presently sit @ $7.25 share  **  1.4M shares traded @ 3:00 PM ET  **

[Admin]

I wonder how many shares short there are now?

[christopher]

shares short continue to be 11.64%


Let's hope this run continues!! up .67 yesterday  @ $7.24, I may be asking for too much.

[Admin]

I think they release an updated figures twice a month: on the 15th and on the 30th. We'll have to wait and see.