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Technology Stocks : Applied Magnetics Corp
APM 1.190+5.8%Dec 24 12:59 PM EST

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To: Dave Chanoux who wrote (11443)3/12/1998 1:09:00 PM
From: Jonathan Bird  Read Replies (2) of 12298
 
I'm still here Dave. But I don't have any more insight then I did last time I posted. There has been nothing going on with APM except the continued overall deterioration of the HDD sector. It was sad for me to see APM hold up after its disasterous announcement. Freaking company cant even die right. I closed my short for a good long while when it was bobbing around 12, just before it took that little technical pop. Went short again last week.. or was it the week before. So obviously I haven't given up on this piece of junk. Hoping to cash in on some HDD pre announcements. And on the way off chance that these IBM buys WDC rumors come true it would be a death blow to APM.

Jon Bird
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