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Technology Stocks : Applied Magnetics Corp

APM 1.100

-12.7%

Dec 17 3:59 PM EST

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To: Jonathan Bird who wrote (10608)	12/5/1997 5:04:00 AM
From: Don Earl	Read Replies (1) of 12298

Hi Jon, < On the other hand the longs(like you for example) are hoping for a "leapfrog" by APM to GMR that isnt supported by the even most trivial fact.> Actually, I'm betting on information contained in the last available 10Q that suggests the company is already positioned to produce in the neighborhood of 20+ million MR units per quarter and that WDC has already announced that they are proceeding full speed ahead with MR. I know that this issue has been argued to death by those with no position, or those playing short with cookie jar money, but the information is there. All a person has to do is be able to read and understand english. Regards, Don

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