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Technology Stocks : Applied Magnetics Corp
APM 1.330-1.5%11:43 AM EST

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To: Robert Elfstrom who wrote (1)12/23/1997 4:25:00 AM
From: appro  Read Replies (2) of 12298
 
Look at the bright side: At $11.875, APM is up 428% in just three years from a low of $2.25 for an 74% annualized increase three years in a row. Considering the outlook ahead, it has held up rather well even though the seliing pressure continues unabated.

On the other hand, I would not be surprized if we have to weather more disappointment ahead as the financial problems become clearer.
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