Applied Magnetics Corp Message Board

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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: Dumar Grey who wrote (11565)	3/24/1998 3:11:00 PM
From: Mark Adams	of 12298

Todays action demonstrates that you have to be long this stock before a move up occurs lately. It moves too fast to wait until it perks up to buy. The past 8 weeks we've seen it drift down over week long periods on low volume only to regain all of it's losses in a single day on normal to high volume. Todays action surprises me- I'd planned on using the 'dip' to add to my hmtt position and reenter RDRT. So much for that.

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