Disappointing growth at Nortel has knocked down worthy highfliers like JDS Uniphase and Applied Micro Circuits.

FORBES: Buy the Lepers

My holdings include the supergrowers: Sun Microsystems, Corning, JDS Uniphase and Applied Micro Circuits.

FORBES: Buy the Lepers

Applied Micro Circuits Corp. shares are currently trading up about 1.2% on the day.

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The roughest spot is in communications-infrastructure chipmakers, companies like Vitesse Semiconductor , Applied Micro Circuits , PMC Sierra .

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Applied Micro Circuits (nasdaq: AMCC - news - people) also took a big hit after a CSFB downgrade.

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But he notes that companies like Cavium, Applied Micro Circuits, Texas Instruments, LSI and Fairchild have all talked publicly about using ARM processors in networking infrastructure.

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Back on May 31, Applied Micro Circuits Corp.

FORBES: Snag This Bargain Even Cheaper Than Director Desai Did

How about Applied Micro Circuits?

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