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Technology Stocks : Applied Magnetics Corp
APM 1.380-2.8%Nov 14 3:46 PM EST

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To: appro who wrote (11724)4/14/1998 8:22:00 PM
From: 777 Captain  Read Replies (1) of 12298
 
appro: thank you for your responses, and the effort you have exerted in providing me with the various posts, your posting abilities are miles ahead of mine. I stand by what I posted, in spite of what I've read. By no means am I enamored by Craig Crisman, however, if they are QUALIFYING their 2.8 heads, then they are further along than I expected them to be at this juncture. When I asked about efforts to cut costs, he indicated that they may have gone as far as they want to at this juncture. Anyway, I still believe that fundamentally, this may be a good short, however, not in these market conditions. Let me state again that IMHO the odds are 50/50 that APM could go to 5.00/share just as easily as 15.00/share with very little effort. If I get burnt, so be it, I'll sell and hope I have the benefit of this expertise on another thread. Again, thank you for your response, it is appreciated, (as well as others.) Regards.
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