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Technology Stocks : Applied Magnetics Corp
APM 1.430+1.4%9:32 AM EST
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To: Frodo Baxter who wrote (11156)12/29/1997 7:51:00 AM
From: Jonathan Bird  Read Replies (2) of 12298
 
Today, however, I can safely assume that the debs will never be converted. So now I count the long-term debt liability, but not the dilutive effect.

Lawrence,
So your saying that your don't think APMs stock price will reach over 18.6 before the year 2006?, or more likely, you don't expect APM to last more then 2006?

Jon Bird
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