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Technology Stocks : Applied Magnetics Corp
APM 1.255-0.4%10:41 AM EST

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To: Jonathan Bird who wrote (11098)12/21/1997 5:52:00 AM
From: fermin marco marcos  Read Replies (3) of 12298
 
Jonathan (and all): I'm following this thread, in order to decide wether or not buy some thousands of APM shares; i'm a bit confused at present, because of two different sets of opinions/references about this company: 1) It seems that most of the people in this thread are absolutely pessimistic about the future of APM, the company being headed into bankruptcy (bad timing in technology transition, poor management, etc). 2)I read in Yahoo finance the following data, related to brokerage recommendations and EPS estimates: Strong buy 1 Hold 1 Moderate sell 1 Related to EPS estimates: FY 98 1.88 FY 99 2.31 Some questions for a non-expert ¨Are these estimates absolutely non-sense? ¨Which information are the brokerage recommenfdations based upon? ¨Do the analysts receive some kind of guidance from the company? Any opinion will be very much apprreciated. Thanks in advance.
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