Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.345

-3.9%

Dec 5 3:46 PM EST

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To: Mike Hermann who wrote (12288)	7/19/1999 8:28:00 AM
From: appro	Read Replies (1) of 12298

John, Mike, et al: >>Should we....throw more money at this company?<< I am not presently a shareholder or planning to be. APM may be forced to take extreme measures to finance their way out of this mess. I wonder what discount is required to offset the risk of waking up to news declaring the common stock worthless. Craig Crisman turned this $2/share (1995) company around once before and could do it again. Then again he has freely admitted in the past he does not own any shares of APM. He has options in case the stock goes up. Following his example you could keep a toe in the water with an amount you would not mind losing. I hope you are following the disk drive thread discussion such as Sam's comment re APM. beta.siliconinvestor.com >>"These companies always seem to somehow come up with enough money to keep on going," he said, using APM as an example (apparently they just got some cash from someone). SL didn't want to answer that too directly, but reiterated that he didn't see how the current situation could continue as is for too long, something had to give.<< Good luck!

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