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Technology Stocks : Applied Magnetics Corp
APM 1.060-0.9%3:56 PM EST

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To: Zakrosian who wrote (10621)12/5/1997 2:38:00 PM
From: Rational   of 12298
 
I agree with your ultimate assessment of APM. Thanks. I assume that this is your independent assessment too.

The price will shoot up by a few bucks (IMO) as soon as APM makes an announcement that their fab is ready for large-scale production and that shipments have begun to their customers. BTW, QNTM is planning for some in-house fab at their joint venture with MKE and APM has had QNTM as one of its customers. There is not enough fab facility for MK heads at this time to meet with the demand. APM may be an acquisition target by one of the DD makers.

Sankar
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