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Technology Stocks : Applied Magnetics Corp

APM 1.260

0.0%

11:08 AM EST

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To: Brian Lempel who wrote (10754)	12/7/1997 6:21:00 PM
From: Think4Yourself	Read Replies (1) of 12298

Brian, I think your questions are excellent. I would like to add the following: 1. Are they planning on taking on an increased debt load to cover recent events? How about a chargeoff ( I'm almost certain they will do this)? 2. Do they have backlog to keep their TFI operations busy now that they have lost substantial WDC orders? Please let me know how they respond ASAP. The retail dynamics are changing FAST, almost daily. I just got back from Computer City (I go at least twice a week) . It was hopping. They are practrically dumping the low end Maxtor drives. In fact they are not even in their boxes anymore, just stacked up in their anti-static bags. Also, the IBM Deskstar drives are now quite comparable in price to the equivalent WDC drives. In fact, I bought a 6.4 GB Deskstar. If it's as good as the reviews say, I'm dumping my WDC and APM stock (at a substantial loss (whimper!)). Hope we get some honest answers from APM! Ken

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