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Technology Stocks : Applied Magnetics Corp
APM 1.140-2.6%Dec 26 9:30 AM EST
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To: john p. carney who wrote (10435)11/19/1997 4:30:00 PM
From: Alan Lee  Read Replies (1) of 12298
 
<< I'm saying WDC has NO LEVERAGE to ask for price concessions on MR heads. >>

I think you're right about this, John. But I don't think APM is in a very good bargaining position, either, since it sounds like they won't be selling too many TFI heads if WDC doesn't want them, and won't have much to offer for the near future (volume-wise at least) in MR. APM might need to appease WDC a bit for apparently not having been able to come through with the 1.7G TFI heads with the quality, price, timing, etc. that WDC needed.
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