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Technology Stocks : Applied Magnetics Corp

APM 1.315

-4.0%

1:01 PM EST

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To: Spots who wrote (11247)	1/16/1998 10:55:00 PM
From: Jonathan Bird	Read Replies (2) of 12298

Specifically, the company expects to have converted substantially to MR technology with a strong position in GMR technology within 2-6 months I haven't read the report. But I do know that in 6 months APM's only remaining TFI customer will not be buying TFI, so like it or not, they WILL be substantially into MR. I'm not sure what having a "strong position in GMR" would mean. They have that IBM guy so they should be OK technology wise, but I don't expect anyone but IBM to actually ship GMR in '98, least of all APM. RDRT is clearly ahead of APM. Jon Bird

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