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Technology Stocks : Applied Magnetics Corp
APM 1.141+3.8%Dec 18 3:59 PM EST

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To: Jonathan Bird who wrote (10534)12/2/1997 1:56:00 PM
From: Doug Bean  Read Replies (1) of 12298
 
Jon:
I've been gone awhile (in at 28 out at 20.5) and I woould really like to make some of that loss back. It will be 31 days on the 8th of December so I can buy back in then if I decide to and if it is still in the 16s.
Big question is ,, I see lots of new "lows" being touted but I am not certain that this could go much below the 16 range, so what advise can someone give me that is based on somehthing other than "I think".
IS this company really falling apart and losing business? Does anyone actually know?
I sure wish I did, but one minute I am pretty positive about APMs chances and then things come up (like the loss of a client or product) and I get all negative again. Once you lose about $12,000 on one stock you get jumpy.
CRDoug
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