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Technology Stocks : Applied Magnetics Corp

APM 1.141

+3.8%

Dec 18 3:59 PM EST

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To: Rational who wrote (10645)	12/5/1997 5:53:00 PM
From: EyeDrMike	Read Replies (1) of 12298

<<albeit I am looking for authentic company press releases. >> It is not amusing to me since it was a WDC CC and so I was expecting one press release from WDC. I have often found misleading and outright false posts at SI.>> perhaps you should direct your anger towards APM, rather than WDC; WDC is under no obligation to issue a press release after a CC, and in the past WDC has been VERY timely in making pro and con annuncements to the shareholder; APM, in stark contrast, has been less than forthcoming. APM should have quieted fears ,by issuing a statement when they lost the contract for WDC portables. The could have been up front about this and put a positive spin on other company operations. mike

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