Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.425

+0.4%

3:47 PM EST

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To: Donald Isenhower who wrote (11772)	4/22/1998 8:25:00 PM
From: 777 Captain	Read Replies (1) of 12298

From what I can determine: (1) The attempted consolidation of APM & RDRT, although presumably supported by Wall Street, left some scars at RDRT that are still somewhat sore. Not meant to imply that there won't be some consolidation (I'm expecting it), but maybe not an APM & RDRT. (2) The short interest could be lending some support. (3) Like it or not, APM is a scrappy little company - they know how to compete - maybe somebody out there sees tham as a survivor (I do.) FWIW. Regards. P.S. VVUS also shows awesome support at about 7 5/8'ths - don't know why - but saw it again today - go figure.

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