Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.100

-12.7%

Dec 17 3:59 PM EST

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To: Think4Yourself who wrote (10797)	12/8/1997 4:45:00 PM
From: Alec Epting	Read Replies (1) of 12298

Applied Magnetics Corp. (APM) 15 +1/16: supplier of magnetic recording heads and of head stack assemblies for disk-drives sees 1Q revenues declining by 30% on a sequential basis due to lower orders from its largest customer; company also plans to take an $8 mln pre-tax charge in the quarter; according to one estimate from First Call, company projected to earn $0.41 a share.....(Briefing.com)

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