Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.090

-5.2%

Dec 29 3:59 PM EST

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To: xamir who wrote (10417)	11/18/1997 7:55:00 PM
From: Richard Tsang	Read Replies (2) of 12298

Alex, this is bad news indeed, not only for SEG, but for the whole DD sector as well. It is not reading well. First the downgrade on WDC by SM and now this. The announcement by the DVD+RW group will add fuel to the fire too. All DD stocks I tracked have been down today (QNTM, SEG, WDC, INVX, HTCH, APM) except IOM and KMAG. Can anyone help me undertand why these two last stocks could withstand the downturn?

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