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 1.400

0.0%

Nov 10 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Isenhower who wrote (11205)	1/13/1998 5:32:00 PM
From: Robert T. Quasius	Read Replies (2) of 12298

The stock movement was surprisingly restrained today, given the earnings disappointment. I feared an immediate drop to $7-8. It looks like the Street had already figured that in. I'm not so sure about APM in single digits, although it dipped below $10 briefly today. Long term, this stock WILL recover, but only after 2-3 quarters. One interesting note: the fully diluted shares is equal to the undiluted, which to me says that all of the convertibles have been converted. Any short interest that's out there now is "naked" short interest that may scurry to cover when the earnings start to improve.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next