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Technology Stocks : Applied Magnetics Corp

APM 1.425

+0.4%

Nov 12 3:47 PM EST

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To: Spots who wrote (11387)	2/6/1998 8:09:00 PM
From: Jens Riege	Read Replies (1) of 12298

Just a short reply... I agree... No drive manufacturer buys unproven heads. All drive programs require head suppliers to submit samples multiple times, with each subsequent subsmission more and more critical of the head performance. By far the heads are well proven before the head manufacturer selects the head supplier(s). On another note.. in the shareholders meeting a short while ago it was voted to approve the issuance of more shares should a reason to do so arise. Crisman said that he did not need to do so immediately, but that it gave the company the OK to do so when needed.

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