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To: Andrew Vance who wrote (10307)	12/13/1997 7:56:00 AM
From: Patrick Slevin	Read Replies (1) of 17305

I never cease to be amazed. Although you declined to speak on APM, I received (unrequested) this in my e-mail. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Hi Guys, APM is a company with weak fundamentals in that they only produce certain components for the assembly of disk drives and the very people they sell to have the capability of producing these components. They also are smaller than their competitors. On the other hand, they recently developed some new technology for a disk drive component, and there p/e ratio is now down to 3.3. There is no technical reason as far as I can see write now to take a psition in their stock. But it's worth following because if it doesn't COLLAPSE due to their deficient areas, they should produce profits because they are a lean company and enjoy an INCREASE in the price of their stock. Then they will have plenty of room to go higher with the current p/e. Anyone with more on this firm? ALSO, anyone with opinions on CPRO, a small drug developer? Best wishes, James

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