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Politics : Idea Of The Day

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To: AlienTech who wrote (15711)	12/18/1997 4:26:00 PM
From: Logain Ablar	Read Replies (1) of 50167

AT I take it your still in APM? What is your actual read on this. I was in it earlier this year but bailed. I remember Kelly (I think that was his name) posting information from the CEO and it looks like either the CEO or Kelly misinformed the thread. My inclination is to not trust the management after that. As for the stock trading at an awful low multiple maybe its justified. It looks like all the DD makers will be producing drives with 100% of the new technology (by 1st quarter) and if I remember APM was figuring by 3rd quarter. Means APM "may" have problems with inventory and equipment obselance. Doesn't mean the company isn't worth $15 a share but it will probalby see $8 in this market b/4 it sees $20. Best regards, Tim

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