Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.060

0.0%

Jan 15 3:59 PM EST

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To: MJR who wrote (10283)	11/11/1997 1:34:00 PM
From: virgil vancleave	Read Replies (1) of 12298

i would surely consider buying back in for anything under 10 as there is a nice long baseline between 8 and 10. but there is also a dip where it was below5. may very well get there with all the negative sentiment that there seems to be. volume still high here and lots of sellers so this is definitley not the bottom. bottom is at least 2 to 6 months away. good luck to all who are still long. btw, i am not and would not short here either; especially since "barrons" published since when you see it in print it is usually too late for the big money and you may very well get run over by a quick short squeeze.

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