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Technology Stocks : Applied Magnetics Corp
APM 1.425+0.4%Nov 12 3:47 PM EST

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To: Bosco who wrote (11569)3/24/1998 4:16:00 PM
From: William T. Katz  Read Replies (1) of 12298
 
How could there *not* be more bad news? If QNTM misses by over 20 cents and the glut is still there, what makes anyone think APM isn't going to have a major major loss this quarter?

I just re-entered my short position today. Of all the companies I track, APM is most likely to be toast in the next 3 quarters ... well maybe S3 is most likely, but I can't short them due to all this acquisition rumor.
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