Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.380

-2.8%

Nov 14 9:30 AM EST

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To: James F. Hopkins who wrote (11500)	3/20/1998 5:24:00 PM
From: T Bowl	Read Replies (2) of 12298

Jim - Nah, I'm not short at the moment. I have been several times in the past though. You remind me a lot of Don Earl. We're you around back then? You might want to go back and read his posts. He was a TA guy, very good at what he did, but he lost his butt and never understood why. He made comments that appear similar to what you have said recently. TA might work. Following short interest and hoping for a squeeze might work. But you folks blindly jump in without even a worry about the fundamentals of the underlying stock. Sometimes the market is justified for the value of a stock. <<Her balance sheet is to good for it to be something else.>> Back that one up pal. The point is you can't and not because you aren't any good. It's that you've made a statement that can't be backed up. Did you just discover the high short interest in APM? Ask yourself, if you had found this "gem" back in the middle of 97 would you be making the same argument about a squeeze? Probably because a lot of people were doing just that. A good excercise for you would be to go back and read the posts on this thread the week before each earnings announcement... People were almost giddy on how sweet the squeeze would be. At least do yourself a favor and read the posts back from Dec. We all had a nice little debate about the different aspects of APM. When you're ready to talk details let everyone know. It's been a little boring lately. You can read almost everyone's thoughts on this thread. We've made our case. What is yours? Please tell me that there is more to it than the hope for a short squeeze. Sometimes "research" means a little more than looking up www.shortinterest.com. <<just hang onto your short bet I can hang on to my long longer>> Yeah, you might even be able to keep that certificate forever... Welcome to the DD sector. Prepare yourself for a wild ride. I look fwd to hearing some details. todd

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