Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.425

-13.1%

Nov 20 3:59 PM EST

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To: T Bowl who wrote (11068)	12/18/1997 11:35:00 AM
From: Mark Adams	Read Replies (2) of 12298

I think your missing the RDRT charges which coincided with WDC's announcments and were 3 times the size of APM's. If you asked RDRT I'm sure they'd confirm that they did supply 1.3 TFI to WDC last qtr. You may make a dollar or two, but more likely due to the general downdrift of the entire market than company specific reasons in this case, IMO. There are better shorts available.

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