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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: Think4Yourself who wrote (10814)12/8/1997 5:25:00 PM
From: Brian Lempel  Read Replies (1) of 12298
 
Ken, don't get upset here! I still would like to know what your reasoning is. Because you have limited information on the company's customers, I don't see how you can form a very good judgement.

Yes, DD fundamentals have gone to hell. That is why APM is forecasting lower ASPs for their products (which is modeled into their revenue forecasts). But the fact is that they still have customers that are buying their products.

Brian
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