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Technology Stocks : Applied Magnetics Corp
APM 1.310-8.4%Nov 21 9:30 AM EST

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To: T Bowl who wrote (11328)1/25/1998 7:48:00 PM
From: Jonathan Bird  Read Replies (1) of 12298
 
The WDC CC next week will be very interesting to hear what they say about the 1.3 family

Yes, im looking forward to the WDC CC also. I'm hoping for more news about accelerated dropping of TFI. What im worried about is any announcement of quals for APM MR heads. Sooner or later this is going to happen. Not that this would help earnings anytime soon. But it will help the stock if it shows a light at the end of the tunnel.

I'm convinced that WDC will miss their numbers. And with the recent runup WDC will take a hit, hopefully dragging APM down also.

Jon Bird
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