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Technology Stocks : Applied Magnetics Corp

APM 1.260

-1.6%

Nov 25 3:50 PM EST

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To: Zakrosian who wrote (11014)	12/11/1997 9:00:00 PM
From: Jonathan Bird	Read Replies (1) of 12298

I'm surprised he'd make such an apparently categorical statement that could so easily be proven wrong. Its amazing! I mean somehow 6 months of backlog has disapeard and he claims none of it was cancelled from WDC. He could probably argue that the 1.7 wasn't cancelled, only being "phased out". But with the 2.1 there is no way to deny it. I mean if this were just some kid in IR I could excuse it but comming from the CEO it's just plain disturbing. Why bother lying about this? Jon Bird

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