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Technology Stocks : Applied Magnetics Corp
APM 1.245-1.2%2:48 PM EST

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To: Xpiderman who wrote (10806)12/8/1997 5:13:00 PM
From: Peter Yang  Read Replies (4) of 12298
 
>>As a result, the company anticipates that revenue will be down more than 30% in the current quarter (FQ 1/98) from the previous quarter (FQ 4/97).<<

Pay attention here: The REVENUE will be down more than 30%! Because of the pricing pressure, the margin will be affected and the PROFIT will be down much much more than 30%.
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