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Technology Stocks : Applied Magnetics Corp

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To: Kenwood Sun who wrote (11760)4/21/1998 12:13:00 AM
From: 777 Captain   of 12298
 
As fundamentally unfounded as it sounds, you may very well be correct. That's the thing that really scares me the most about this market. Who knows, maybe really bad news will turn out to be really good news, and the stock will go to 15, I doubt it, but again, it wouldn't suprise me. Even though I'd make some money on my position, it would really push the argument about reallocating the portfolio from its present structure. (And to think that I'm part of the problem, e.g., buying in anticipation of being able to sell to someone else at a higher price.) Maybe we're all practicing the greater fool theory, just too blind to realize it. Regards.
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