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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 (10839)12/8/1997 6:10:00 PM
From: Think4Yourself   of 12298
 
Sankar,

My take was that the 4M was just to cover the bad debt resulting from the Micropolis liquidation, and will be reflected into last quarters numbers. There is an additional 8M charge (at this time) to occur in this quarter.

Ken
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