Post by christopher on Oct 12, 2016 18:01:51 GMT -5
Well phobos, alot could be said about the entire situation you speak of.
I have felt for the last 5+ years that the market has been artificially inflated!
as far as AMCC is concerned:
reading the story you released on Oct. 5, 2016 " Applied Micro Finds ARM Server Footing, Reaches Higher"
story reads "Should another recession hit in 2017 or 2018, then it could be the ARM collective that benefits this time around, particularly if the ARM server chips and the software running atop them mature as expected.
I will take the above as a positive where AMCC is concerned.
There have been minimal "Institutional sales" of shares compared to the number of purchases. In fact, the chart shows in the story below that during Q2 of 2016, there was 19.4M purchased compared to 14.5M sold. This is a positive. Also, sales have all been with low volume. Most large Institution holders are adding to their base whereas a few of the smaller ones have been selling a portion. I believe only one or two have completely sold out.
Looking at the finviz chart, it looks like we will be seeing $6.00 again. look at this as a buying opportunity, I do believe that AMCC will eventually do better if things get worse with the economy. Actually, I am waiting for a downright sale, along with Zepf, who has a whole lot more tied up than me, let's just hope he is looking for a same sales price figure as me! fingers are crossed!
Well the slide continues, now below $6. The volume is still low. It seems like some of the "little guys" might be leaving, but no major players so far. Zepf, as you said, is still on board. And it's true, a market downturn could benefit the whole ARM server chip market - ARM being the low-cost alternative to INTC.
Gopi has downplayed CAVM, but just look at how the stocks compare over the last three months:
Gopi had better come up with one hell of a convincing earnings call, especially if it's "just wait until 2017, 2018, 2019, ..." again. When the stock price was going up or at least steady, he could BS. Not now, not after this tumble. He needs to produce profits, or he needs to put some lipstick on this pig and sell it.
I know what you mean about being disgraced by both candidates... There must be a cheaper way to find the two worst people on the planet.
Post by christopher on Oct 19, 2016 18:43:09 GMT -5
phobos,
great to hear from you
If the "Finviz" chart from above continues to be correct, this drop is close to over. Around $5.75 looks to be the end of the drop, fingers crossed. I have been scrolling through stories from all over regarding AMCC and from wherever I have looked, I have seen nothing but positive. Please note that there has been nothing overly positive, just plain positive.
I agree with you on how Gopi must present himself during the upcoming Q2 conference call. Also, you are absolutely correct and we need to see some results from this so-called production ramp.
Gopi, time is running out to where you will have to begin speaking in the present tense regarding revenue! We have all had enough of a ramp beginning years away. The shareholders have been patient long enough and would like to see some long sought after value for our shares!
I know we all have hope the reason you (Mr. Gopi) have been AWOL for the past investor conferences is because you have been working on the SALE of AMCC for booookoooo dollars!
Last Edit: Oct 19, 2016 19:42:50 GMT -5 by christopher