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Technology Stocks : Applied Magnetics Corp

APM 1.260

0.0%

Dec 16 3:58 PM EST

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To: Mark Adams who wrote (10622)	12/5/1997 2:59:00 PM
From: T Bowl	Read Replies (1) of 12298

Mark - <<I see that WDC has released info that they too have internal MR capacity. Like most of the mfgs, WDC appears to keep multiple sources of components qualified (good move, IMO), and appears to be moving towards an integrated model (a bad move IMO).>> No, no, no, no, no. They are talking about making MR disk drives, not MR heads. In the COMDEX CC on 17nov97 WDC was asked about their RDRT partners. They mentioned IBM, RDRT and APM, blah blah. They were then asked if they had any plans to get into the heads biz. Haggerty spoke very clearly and said "We have NO plans to enter the heads biz" Very clear. Very to the point. Any of you APM bulls listen to that CC? Did you hear what they said about each of the 3 head partners? Sankar? todd

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