Applied Magnetics Corp Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Magnetics Corp

APM 1.130

+2.7%

3:25 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Think4Yourself who wrote (10702)	12/6/1997 7:50:00 PM
From: Rational	Read Replies (1) of 12298

Ken: Your point "...APM is a much more efficient operation, or at least has been in the last twelve months. They made over 29 times more profit on less than half as much sales," is actually a well-known fact. There has been a factor of hype built into RDRT price since the false information -- that APM did not have the MR technology -- spread around in the wake of APM's proposal to merge with RDRT. APM price has fallen dramatically since then. Given that most fund managers are not well informed about technology and are prone to follow the herd, APM price has fallen much more than it should, while RDRT's price has simply responded to the DD sector price movements. On efficiency: APM: employs 8500; sales $495 mil; profits $100.3 mil RDRT employs 23,000; sales $1160 mil; profits $91 mil Obviously, APM has been more efficient. It must then be that there is a factor of hype built into RDRT price and an abnormal fear into APM's price, IMO. Sankar

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next