Revised projections with current higher valuation

[Admin]

The valuation since the "dog and pony" shows seems to have gotten up around 3.4 from the high twos previously. It could be that if the $43M holds true for Q117, then we could see another revaluation of P/S upwards, as AMCC reaches (non-GAAP?) BE. I think GAAP BE might be somewhere in the high $40s, around Q317. The projections come from the median analyst estimates on Yahoo! The P/S valuation comes from adjusting current price to ttm revenues. Keep your fingers crossed.

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[christopher]

very nice!

Today's share price bump up thru $6.50 is nice also!

We have broken through the 200 day moving average and have also left behind the trading range we have been in since the beginning of March. Let's see if it holds!

www.finviz.com/quote.ashx?t=amcc

an increase in revenue over $10M in one year with a company the size of AMCC is rather nice, No?

With all the "drop in revenue" talk that was spoken of over the last couple of months, to now have talk about an increase in revenue, to me, looks to be a ploy to get shares at a discount. shady bastards!

[christopher]

Not a too bad end for the day.  Finishing .13 from a high of the day price of $6.60 and up.24 to close the day at $6.48

and an after hours sale that knocked .20 off the close of the day.

short ownership percentage continues at 8.43%

$7.00 next week?