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Technology Stocks : Applied Magnetics Corp
APM 1.141+3.8%3:59 PM EST

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To: Rational who wrote (10620)12/5/1997 1:15:00 PM
From: Zakrosian  Read Replies (1) of 12298
 
I agree with your ultimate assessment of APM. From what little I really know, they appear to have made a remarkable recovery from several disastrous quarters, and I expect that the stock price will double within 18 months. It's just that from a short term perspective, the risk that the price will go down another 30% is too great to own the stock right now.
BTW, thanks for your invaluable contribution to a civil, rational discussion.
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