Applied Magnetics Corp Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Magnetics Corp

APM 1.310

-3.0%

Dec 11 3:58 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rational who wrote (10589)	12/4/1997 6:44:00 PM
From: EyeDrMike	Read Replies (2) of 12298

<<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. >> i think they are referring the volume to thin film; volume in MR isn't expected until 4-98 when new plant is scheduled for openning. 80 to 90% of APM biz is from WDC; ouch. and i don't like the desciption of "low yields" in the MR line; however, with the IBM hire, this certainly could improve. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next