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Technology Stocks : Applied Magnetics Corp
APM 1.300-2.3%Dec 12 9:30 AM EST

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To: Rational who wrote (10589)12/4/1997 5:54:00 PM
From: Zakrosian   of 12298
 
I'm pretty sure that the volume production refers to the TFI head that has proven very problematic to WDC and that they are rapidly moving away from. As one who has been following APM for the past several months, I find it interesting to hear some of the same arguments for a positive outlook for the share price - especially the short position - that were advanced last summer when prospects were looking great for the company. I wish you luck, but I wouldn't bet on reading any good news for at least a couple quarters.
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