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Technology Stocks : Applied Magnetics Corp

APM 1.100

-12.7%

Dec 17 3:59 PM EST

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To: virgil vancleave who wrote (10531)	12/2/1997 11:22:00 AM
From: Don Earl	Read Replies (1) of 12298

Hi Virgil, At 10 APM would be trading nearly at book value. Not impossible but not likely either. The trend has been down for several months with no support. This morning makes the second failed attempt to break support at 16. Can't blame you for wanting a truck load at 10, but I don't think it's going to happen. Regards, Don

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