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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: appro who wrote (12281)6/16/1999 3:02:00 PM
From: ScatterShot  Read Replies (1) of 12298
 
Here's the latest from DLJ regarding the 1.2 mill tender offer:

"Dear DLJdirect Investor,

We are writing to advise you that
the offer by Growth Capital Corporation to purchase up to 1,200,000 shs of Applied Magnetics common stock at a price of $4.00 per share has been terminated.

Sincerely,
Joseph P. Diaz
Assistant Vice-President
DLJdirect
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