APMP (formerly APM) Message Board

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Strategies & Market Trends : APMP (formerly APM)

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To: Rudy who wrote (9004)	12/2/1997 8:10:00 AM
From: marc chatman	of 13456

>>Now you decide, is APM: a) grossly undervalued? b) widely expected to go down the drain? c) severely depressed? d) None of the above. (If so what?)<< d) None of the above. How about "shrouded in uncertainty?" Using last year's earnings is problematic IMO because of the drastic and sudden technological changes moving forward (i.e., the premature demise of TFI at WDC). I don't think anyone outside the company truly knows the status of APM's MR and GMR programs, ramp up, etc. I've said this is a turnaround situation, and I stand by that view. I think the odds of APM coming back in the long run are good. If CC could do it once under more severe conditions, he can do it again. But at present, this company is still on shaky ground.

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