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Technology Stocks : Applied Magnetics Corp
APM 1.400+2.6%Nov 7 9:30 AM EST

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To: Jimmy Chan who wrote (11218)1/14/1998 4:36:00 PM
From: Jonathan Bird  Read Replies (1) of 12298
 
seem to me it's a bottom that's forming.. probably will sideline for the reason that qntm's thursday report... i have a feeling that it's going to be another bust.

Looks that way to me also. I can't comprehend it. I'm more bearish on APM then I have ever been. I'm hoping the earnings releases from the rest of the sector will jump start us downward.

Jon Bird
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