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Technology Stocks : Applied Magnetics Corp
APM 1.420+1.4%Nov 11 3:59 PM EST

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To: Donald Isenhower who wrote (11772)4/22/1998 9:44:00 PM
From: LK2  Read Replies (1) of 12298
 
Donald, trying to figure why APM is selling at 10 (or 5 or 20) is basically an exercise in futility. Is there any way to make money on this stock? I have no idea. You don't know what's going on in the company, and you have little or no idea what the stock market will do with the stock price.
The stock could go to 5, or it could go to 20. Maybe there will be events that you could say will justify any future price action, or maybe not. But you won't get any reliable information from APM or Crisman that will give you a solid basis for guess-timating what the stock price will do.

Regards,
Larry
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