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Technology Stocks : Applied Magnetics Corp

APM 1.425

-13.1%

3:59 PM EST

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To: Spots who wrote (11655)	3/28/1998 11:28:00 AM
From: Greg Jung	Read Replies (1) of 12298

I heard a lot of people calling top, how momentous of the predicted top would depend on the general outlook. Market reaction to economic trivia would indicate a sentiment shift, overbought indicators, etc. Blow-off for Manugistics and the professional shorts haven't been properly fed, yet. On a small pullback the warnings will come out of the woodwork and we might lay a foundation for a "wall of worry" that's been absent for some time. (The dike broke when the HangSeng recovered.) Greg

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