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Technology Stocks : Applied Magnetics Corp
APM 1.120+2.8%Dec 30 3:59 PM EST

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To: Jonathan Bird who wrote (10372)11/17/1997 10:06:00 AM
From: Jadrew  Read Replies (1) of 12298
 
Jonathan vs T.G.W.

Jonathan, take it easy with T.W.G. His profile states that he is a retired engineer that does "lots of research", ie. has a lot of time on his hands. He appears to be quite good at looking at "historical" financials statements and selecting the "stronger" company.

As we all know, the stronger "fundamental" company is the one which is able to produce stronger future earnings. Which company that is, is an educated guess. Saying "I don't know" is hardly "uneducated" investing unless you're a fortune teller. Let T.W.G. play with historicals.

Which company (if either) of APM or RDRT is able to adjust to the new technology and competition will be the winner. Which one does the market think is "stronger" fundamentally. Probably the one with the higher P/E.

But saying that, only the future will tell (PS: I'm long RDRT).
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