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Technology Stocks : Applied Magnetics Corp
APM 1.420-0.4%Nov 13 3:59 PM EST

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To: Spots who wrote (11751)4/20/1998 8:54:00 PM
From: 777 Captain  Read Replies (2) of 12298
 
I'll be wearing my seat belt tomorrow at the open. If I read one of the news posts correctly, they suffered about a .36/share loss due to writeoffs. Anyway, don't be suprised to see me buying tomorrow at the opening if it gets below about 8.50/share. Maybe even a little higher. My biggest concern is the third quarter. If they don't qualify their 2.8 heads, I don't know what they'll be selling, additionally, it will lead to some real serious questions regarding their R&D team (a team Craig Crisman told me he was impressed with.) I will say that IMHO, Crisman played it straight with me in the phone calls, and again, this stock is not for the faint of heart. Well, thats all for now, back to looking for that pony!! Regards.
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