Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.260

0.0%

11:08 AM EST

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To: Badger who wrote (10582)	12/4/1997 4:16:00 PM
From: Rational	Read Replies (1) of 12298

The good thing about APM is that all analysts are simply guessing based on price movements, because the company does not tell them anything that is not wired out to everyone. This is a good policy. APM is working on the latest technology, GMR, with super-competent research staff, holding patents, recently hired from IBM. There may be a sudden and very surprise announcement about their breakthrough. Watch out this dog, it will explode because the company is very efficient and cash-rich -- in this setting technology can advance very fast with competent leaders of research. APM might not have liked to transition to MR because GMR is the latest that they wanted to leap into. Sankar

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