Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.400

+2.2%

Nov 7 3:59 PM EST

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To: Jonathan Bird who wrote (11283)	1/20/1998 9:57:00 PM
From: Spots	Read Replies (1) of 12298

Well, I match your category of buyers who lost money. I sold last Thursday, and I am watching with interest to see if anyone on this thread is buying. But I doubt that we're the ones doing it. Even the dumbest of us (e.g., yours truly) eventually gets the message. This is a thin float stock (esp. for NYSE), so my guess is that institutional traders are managing to hold up the price while unloading. BDWIK. Regards

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