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Technology Stocks : Applied Magnetics Corp

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To: virgil vancleave who wrote (10531)12/2/1997 11:23:00 AM
From: William T. Katz  Read Replies (2) of 12298
 
Didn't APM supply the MR heads for WDC's portable disk drive that just got axed? I should have shorted APM as a hedge vs my QNTM holdings, but not sure how much more it can go down. Crisman won't say anything until a really bad earnings announcement. As a former shareholder that sold after last earnings report, I have no faith in his dealings with the public.

Can't believe he's saying all is well when it looks like APM would be lucky to break even.
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