Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.130

-2.6%

Dec 19 3:59 PM EST

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To: Frodo Baxter who wrote (11593)	3/25/1998 7:32:00 AM
From: T Bowl	of 12298

Hmmm. Last time you mentioned that there leverage word was just before QNTM lost 25% in a single day..(which happened to be the day you convinced me to buy) Not that I'm blaming you LK, but I think I'm gonna hold off until the volume(panic) slows. Last time APM had a big run like this was in Jan. They had a big day after a big day. I'm looking for entry in the high $13s today. Just a gut feeling. Actually I was quite surprised to see that the short interest was down to 10.3mil in Mar... todd

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