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Technology Stocks : Applied Magnetics Corp
APM 1.310-3.0%Dec 11 3:58 PM EST

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To: Jonathan Bird who wrote (10576)12/4/1997 4:31:00 PM
From: Rational  Read Replies (2) of 12298
 
John:

I just wanted to point out, that in the last five years, APM has traded as low as 40% of book value. I'm not saying this is my target, but that it can occur.

Was it 40% of today's book value or 40% of the then book value? I am asking this because when it for $4, that was approximately 40% of the the CURRENT book value.

Thanks in advance.

Sankar
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