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Strategies & Market Trends : APMP (formerly APM)
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To: Peter Yang who wrote (8415)11/10/1997 10:55:00 PM
From: john david martin  Read Replies (1) of 13456
 
I bought in six months ago because of the touted great valuation and fantastic low p/e. Believed in company stuck with APM rather than those other overvalued stocks like DELL, CPQ and CTXS. Missed their great runup because of the supposedly safe low risk high potential of APM and WDC. Guess what even before all of the recent bad news the crash due to ASIA had these low p/e stocks fall just as muich as high flyers. Moral to story is "the market knows" and when APM did what it did the market had always known. We just kept thinking that everybody was missing the oppurtunity of a lifetime. What a joke, I lost big but got out at 27.

PS
Would nibble if under 14 on a chance of a buyout maybe RDRT could buy APM if they survive this period.
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