Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.130

-4.6%

12:12 PM EST

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To: Robert T. Quasius who wrote (11433)	3/7/1998 11:35:00 AM
From: Glenn D. Rudolph	of 12298

Short term I am bearish because it will take a while for APM to ramp up MR production. At the same time, the entire sector is depressed due to reports of excess inventory, etc. It will take 2-3 quarters to wring out the bad news and see some positive movement. I do understand and agree. I suppose I have hope the market will look a bit further out than it has in the past. Glenn

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