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Technology Stocks : Applied Magnetics Corp
APM 1.300-2.3%Dec 12 9:30 AM EST

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To: JDN who wrote (10764)12/8/1997 11:23:00 AM
From: T Bowl  Read Replies (1) of 12298
 
JDN -

While I do admit that I would be plenty happy if APM hit $13, I do not think that the last week has been spent "discouraging longs for thier own devious purposes" Didn't we all learned a lot about the DD head business last week? Isn't it logical to hear arguments from the longs AND the shorts about a stock. You can continue to stick your head in the sand and "wish" this stock higher, but in the end you will fail if you keep to yourself.

As individual investors we are competing against reams of ANALysts and "big time" MMs ho have much better access to the pulse of the market. We will be more successful if we learn from each other, even if we've taken a different position on a particular stock.

I for one hope that we continue to discuss the merchant head market in as much detail as I've seen during the past few days. I just wish we could see such good debate in the merchant media threads as well. (Maybe I should short STMD or KMAG next week and stir up the masses) There is too much info and data out there to try and digest it all yourself.

I thank everyone on this thread who has participated in helping me understand the inner-workings of APM.

Short, but happy to enter into a good debate. Knowledge is power.

todd
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