Applied Magnetics Corp Message Board

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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: Dave Chanoux who wrote (10781)	12/8/1997 4:26:00 PM
From: Don Earl	Read Replies (3) of 12298

Hi Dave, FWIW I'm long and see a strong potential for a double in the next 6 months. The FUD level on the thread is beyond what I consider reasonable and is part of my reason for going long at this time. The consensus seems to be that somehow the industry has made an instantanous switch to MR over night, when even WDC says it will take until June to reach a 75% MR product mix. APM has plans in place to make the transition so I really don't see it as anything more than a normal business cycle. Although I'll probably vote against authorizing more shares to be issued, the company wanting to be prepared for a stock split raises some interesting questions. Yes? Regards, Don

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