Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.400

+2.6%

Nov 7 3:59 PM EST

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To: Dennis Nicks who wrote (11473)	3/17/1998 2:22:00 AM
From: Donald Isenhower	Read Replies (1) of 12298

Dennis, I also wouldn't buy right now. When a stock is doing something totally confusing to everybody, there will be a reason come to light once we all know the same information somebody else had before we did. Now if could just find a clue as to what that information is!. In this case I just don't understand bad news not having much of an effect anymore, so the idea of messing around with APM for 10% pops might be interesting. Since in spite of what a few people have written, this is NOT a "loser spin-off' company, but a company that has weathered a number of these problems before, I think we just need to figure out when they will have their act together and whether we are looking at a short series of gains or a longer term run (I have additional proof to back up my financial data going back on APM 20 years, while searching for a part I needed in some cabinets filled with old junk I ran across an APM tape head that had to be over 20 years old! That part of their business is gone and they are still here, so I expect they will be around for some time still :-) Donald

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