Through TheFLY's Eyes: Applied Micro Circuits
from Theflyonthewall.com
Trading Idea
Applied Micro (AMCC) is getting hit this morning on news that it will be removed from the S&P 500. We blogged about AMCC after its earnings call and it looks like the fundamentals for this company will improve nicely in the second half of 2006. From this Fly's perspective, this index adjustment provides a good opportunity to get into this turnaround stock.
posted by Eric at
10:08 AM
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