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Technology Stocks : Applied Magnetics Corp
APM 1.5600.0%2:00 PM EST

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To: Jonathan Bird who wrote (11051)12/17/1997 9:58:00 AM
From: Dave Chanoux  Read Replies (1) of 12298
 
"I have always thought that Q2 would be worse then Q1 anyway."

There, I'm finally learning how to us this cut and paste stuff.

I agree. Based on all that I have read here and on the WDC thread, things get worse until MR heads ship in profitable volume. I have assumed two Quarters of poor results. WDC projects TFI declining but continuing until 6/98 (for WDC shipments, APM shipments have to end earlier to empty the inventory pipe).

This post is an example of write first, think second. Sorry.

Regards,

Dave Chanoux
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