Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.345

-3.9%

Dec 5 9:30 AM EST

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To: put2rich who wrote (11484)	3/20/1998 1:01:00 PM
From: appro	of 12298

Attitude adjustment for appro: Thanks Thanh for reminding me there is a big difference between 10 and 12. My head is still back in last summer when I was trading in and out of APM between 23 and 38 and back down to 18. Back then, a two point move between 30 and 32 was nothing to write home about. I promise to take APM more seriously. Now, seriously: The foreseeable future for growing profitably in PCs, DDs, and finally those tiny little heads is in some doubt. I do not know if APM is producing anything. I presume they are not watching the grass grow nor packing their bags. I do not know if they have customer. I do not know if they have a pipeline of competitive performance products with high yields and long life cycles. I do not know how much APM is or will be worth. I think it is a big gamble right now. There will be big rewards or losses going forward.

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