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Technology Stocks : Applied Magnetics Corp

APM 1.410

-2.1%

Nov 4 3:59 PM EST

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To: Mark Adams who wrote (11294)	1/22/1998 1:09:00 PM
From: T Bowl	Read Replies (3) of 12298

Mark - Do yourself a favor and listen to the RDRT CC. It'll be a nice way to cushion the blow when APM announces the same. At least you will have heard it all before. Listen and take notes. You'll learn a lot. The losses are primarily write-offs of assets and inventory. Then listen to the SEG call again. Even SEG is struggling in heads, Then WDC next week. TFI is dead, gone, history, outahere. Of the current assets and inventory at APM, how much do you really think can produce 2.8GB MR??? What will be the write-offs once they admit the extent of the problems. Your only hope is that someone buys APM... todd

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