Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.310

-3.0%

Dec 11 3:58 PM EST

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To: PRO TECH who wrote (11622)	3/26/1998 12:40:00 AM
From: DanZ	of 12298

Komag traded at 14, down 1 5/8 in after hours trading. I'm not sure what effect this will have on APM tomorrow morning, if any, but it will probably pressure the stock. The shorts are all over this stock on every up tick and until they go away, the stock will probably have a hard time sustaining a rally. There has been more demand in the middle 10 area and that's where I would buy the stock. Dan

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