Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.141

+3.8%

3:59 PM EST

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To: Don Earl who wrote (10557)	12/3/1997 3:41:00 PM
From: Jonathan Bird	Read Replies (1) of 12298

>>Yep, I picked up another 2K shares this morning to add to the 3K I picked up last week.<< Don, Respectfully, what you are doing defies all logic. You are making a 5K share gamble that APM has some ace up its sleave when all indications point towards disaster. You have doubled down just as we are breaking a double bottom and breaking a 52 week low. We are down on relatively high volume and the downward trend has just accelerated. There are no signs of reversal here unless we close above 15.5 today. Knowing the pain APM can inflict I feel compelled to warn you. I know you will not listen but I needed to clear my consience. You are a very strange duck. Good luck to you. Jon Bird PS. Even though im short I am rooting for you. I hate to see this kind of thing happen.

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