Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.400

-0.7%

Nov 5 3:58 PM EST

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To: Jonathan Bird who wrote (11281)	1/20/1998 7:38:00 PM
From: LK2	Read Replies (1) of 12298

>>Will someone who is buying APM please come forward. I want to understand what is driving this stock up.<< Unfortunately, it's not that simple. My guess is that most of the people on this thread, who were bullish, lost money on APM in the last year. So even though the people on this thread, who probably knew more about the company's fundamentals than the average investor, were buying the stock at different times and different prices, that didn't drive the stock price higher. What you read in the newspaper about why stock prices are going up and down is basically bullshit. After a while, you begin to realize that the >>experts<< are sometimes giving the same reasons why a stock went down to explain why a stock went up. -LK

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