Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.310

-3.0%

Dec 11 3:58 PM EST

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To: Brian Lempel who wrote (10855)	12/8/1997 7:48:00 PM
From: Think4Yourself	Read Replies (2) of 12298

re: Shorts or Longs will bend the release to their liking. I respectfully disagree. When people's pocketbooks are on the line, they tend to be more receptive to facts. Just last Friday I was sure being long APM was the right thing to do. New facts were presented, and I re-evaluated. Now I'm quite confident being short is the correct strategy for me right now. I am VERY disturbed by this press release. No comments about INCOME, and no upper limits to revenue decreases. Take a look at earnings warnings by reputable companies and compare them to this one. You might be surprised/disturbed. The impoortant thing is that the arguments be based on FACTS. In this way everyone wins. I try to post supporting facts for any statement I make. If you see posts by me that seem emotional or ignore the facts, please point this out. Ken

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