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Technology Stocks : Applied Magnetics Corp
APM 1.350-2.2%Nov 17 3:59 PM EST

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To: Robert T. Quasius who wrote (11718)4/13/1998 8:26:00 PM
From: 777 Captain  Read Replies (1) of 12298
 
Hope to hear something (anything?) regarding their development efforts, and I would be VERY SUPRISED (pleasantly) if they are in qualification trials with anyone. I would have expected to hear something from the company prior to their earnings release if they had begun qualification. Anyway, a question for the experts: when I checked the price at the close today, the difference between the bid and ask was 1 1/16th, which seems a bit healthy to me. Can anyone provide a rationale for the spread? Thanks.
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