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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: Kashmir who wrote (11548)	3/24/1998 12:03:00 AM
From: 777 Captain	Read Replies (1) of 12298

Kashmir: I don't have any problems with Craig Crisman, I just think that he is up to his elbows in problems. From my conversation, I came away impressed with the man. He has no illusions about where APM stands in the industry (he provided some insights into RDRT's production problems), and is trying to incorporate the mistakes of others into their operations so that they can avoid them. He wants to position APM as THE low cost producer of MR technology, and is working on getting the product out the door PROFITABLY - it's still a long road to hoe - and he has no illusions. I can't help but think that he may also be positioning APM for a potential buyout - time will tell. He did mention that he has had some very uninformed investors, as well as Wall Streeters call him, and if you can't at least do a little research on your own before talking to him, I feel his disregard may be justified. APM still has a tough road ahead of it.

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