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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: William T. Katz who wrote (10852)12/8/1997 7:45:00 PM
From: DJ Levy   of 12298
 
>Assume no increase in R&D or SGA [probably conservative since they
>are in transition and you would think R&D would be increased].

This is an assumption that could be in error. If you inquire with management, they probably will reveal that cap expenditures have increased signicantly. Didn't someone call Crisman and get a list of important questions run by him?
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