Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.360

-4.6%

10:19 AM EST

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To: Spots who wrote (11343)	1/28/1998 5:54:00 PM
From: James F. Hopkins	Read Replies (2) of 12298

HI Spots; Looks like shorts are playing this stock, maybe some funds shorted aginst the box, and drew in more shorts ?, but have position. She will bouce from time to time all on the short interest, but sooner or later I think she will break out. I was not tracking her but if she hits 11 again I won't miss her next time, if I got any dry powder. That was my problem last week I was low on powder. Jim

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