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: T Bowl who wrote (10767)	12/8/1997 4:59:00 PM
From: Think4Yourself	Read Replies (3) of 12298

Todd, Jon, Sankar and others, Thank you for all of your >>factually<< based negativity. Because of your comments, I spent most of the weekend doing my homework on APM, RDRT, WDC, and the drive industry. In four days I went from being a comfortable holder of APM Friday to an adamant short seller this morning. Looks like I did it just in time. FWIW, I think APM's latest press release is overly optimistic based on what I learned this past week. It is POSSIBLE they are trying to protect from a class action suit. I saw Cabletron and Ascend do this recently. If so, then we may get another warning in a few weeks that is even worse. Sincerest thanks, Ken

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