SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Applied Magnetics Corp
APM 1.070+1.9%Jan 7 3:47 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas George Warner who wrote (10444)11/20/1997 2:34:00 AM
From: Don Earl   of 12298
 
Hi TGW,

Stoachastics are low and turning up. Support held. Volume is drying up on the down side. There are gaps to fill all the way into the 30s. It has almost completed an upside down head and shoulders pattern. The consensus estimate that was missed was made up of two brokerages. One right on the money and one .40 too high. The fundamentals are rock solid. FY 97 EPS is better than Microsoft. Shorts cover fast when the patterns form, and there are a lot of them, pretty good chance one of them wrote the Barrons article.

I'll average down if I get the chance, but I don't think it'll happen. It's ready to run right now. Happy investing.

Regards,

Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext