Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.125

-5.1%

Dec 23 3:59 PM EST

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To: Peter Yang who wrote (10528)	12/2/1997 10:24:00 AM
From: virgil vancleave	Read Replies (2) of 12298

kind of funny that is where i exited to cut my loss. looks like apm will more than likely make new lows before it goes higher as the trend now is most definitely down. i may be a buyer again below 10 since that is where i see it going. p/e there on PAST performance would be quite low but based on their future and the panic i am seeing in disk drives, the blood still has a little more flowing to do. this is one to watch though. good luck

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