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Technology Stocks : Applied Magnetics Corp

APM 1.305

-0.4%

3:59 PM EST

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To: EyeDrMike who wrote (10547)	12/4/1997 5:07:00 PM
From: Rational	Read Replies (2) of 12298

Mike: You asked, "where did you get this information, please post facts, not opinion. the ability to produce MR in volume is key to APM's survival, so if you know something that has not been previously reported, please post your source and information." This is from APM's report: biz.yahoo.com Net sales and gross margins in the fourth quarter of fiscal 1997 were negatively impacted by lower yields on newly qualified magnetoresistive (MR) programs and 1.7-gigabyte-per-3.5''-disk inductive thin film products, which were in their first full quarter of volume production. I am not sure if the volume production refers to MR since the language appears ambiguous; the "which" may refer only to disk inductive thin film products. Sankar

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