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Technology Stocks : Applied Magnetics Corp

APM 1.400

+2.6%

Nov 7 9:30 AM EST

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To: Donald Isenhower who wrote (11439)	3/12/1998 10:52:00 AM
From: Dave Chanoux	Read Replies (2) of 12298

My concern is in the company's third quarter. TFI head shipments to Western Digital should be ending this quarter. Western Digital has qualified Read Rite heads, but their activity with APM is unknown (at least to me). Other qualifications (APM heads to other potential programs) are underway according to 10Q filings over the last year, but progress is unknown (to me, also). It seems like 2nd quarter results to be announed in April are anticipated - the ramp down of the Western Digital TFI business. What happens in July when 3rd quarter results are announced? Anyone have any insight. Todd and Jon, are you still here? Nice to hear from you AT (pardon my familiarity). Regards, Dave Chanoux

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