Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.315

-4.0%

1:01 PM EST

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To: AlienTech who wrote (11246)	1/16/1998 7:30:00 PM
From: Spots	Read Replies (3) of 12298

Thread, does anybody have a reaction to the stockholder's report sent out a few days ago? I didn't get this since I had short naked puts rather than stock (which I dumped yesterday on the minor runup, BTW), but I had a synopsis of it from a stockholder over the phone. The effect of it, as I understood it, was ameliorative of the report. Specifically, the company expects to have converted substantially to MR technology with a strong position in GMR technology within 2-6 months. Please note: This is what I recall from a phone conversation; I don't have any in-hand documentation. I'm asking here for reaction, clarification, interpretation, refutation, set me straight, whatever. Anybody got any comments? Regards Spots

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