Applied Magnetics Corp Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Magnetics Corp

APM 1.060

-1.9%

Jan 14 3:45 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: maaad who wrote (11186)	1/5/1998 9:50:00 AM
From: appro	Read Replies (2) of 12298

Those figures show a history. APM could have declared bankruptcy a month ago and the figures you quote would not change. The basic story on APM has changed from six months ago. Now, WDC is essentially APM's only customer at 89% vs one (44%) of four. WDC has cancelled the only product (Portfolio) using APM's MR heads. WDC abruptly accelerated their exit from TFI. There is bound to be an ocassional sigh of relief in stock price as it inexorably falls day after day. I just think it is way too early to celebrate the revival of APM's future. Right now, I would rather miss the boat than sink with the ship.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next