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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: T.R. who wrote (8556)10/1/1997 3:45:00 PM
From: Chris Anderson   of 12298
 
TR: Correction, I meant to say I will start out with a beer. This really qualifies as a six beer day, kinda like some of my dates in college!

I like your ROPE comment. My thoughts are that sometimes it just has to go down before it can go up. Some of the DD's are starting to look pretty compelling at current prices. Value players will soon come in and shore the prices up. Maybe these prices will be the lowest we will see for many months. I also think a lot of investors are moving to the sidelines before earnings come out, which I don't think will really be that bad (earnings, that is) Then we hopefully have the traditionally strong 4th qtr to look forward to.

Hey, that all sounded pretty good, but I still need a f*cking beer!

Chris
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