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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: Doug Bean who wrote (10536)12/2/1997 2:03:00 PM
From: Jonathan Bird  Read Replies (1) of 12298
 
Doug,
If you click on my same you can what what i've had to say about APM. I am bearish on it for the short to mid term. I think they are in for a ruff couple quarters. But I see no reason to be bearish long term(1yr+). The problem is that there is no information coming from the CEO. All we know about it is what we hear from WDC. And what we do hear is very bad for APM. So nobody REALLY knows but I am guessing this Qtr and next will be disasters. I wouldn't be suprised to see 11-12 after next earnings.

Jon Bird
Short APM
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