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Technology Stocks : Applied Magnetics Corp
APM 1.370-2.1%3:59 PM EST

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To: Alan Siegal who wrote (11234)1/15/1998 12:05:00 PM
From: AlienTech  Read Replies (1) of 12298
 
>>I was reminded by the annual report that APM has been around for 40 years. <<

NO! APM's parent company has been around a while, APM was spun off as a money loosing venture. The way they started making money is by gettig rid of most of the management. But that only goes so long. APM will recover but nothing like before.
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