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Technology Stocks : Applied Magnetics Corp

APM 1.400

+2.6%

Nov 7 9:30 AM EST

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To: Zakrosian who wrote (11792)	4/29/1998 10:00:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 12298

Glenn - I've always appreciated your updates of the analysts EPS estimates. One question, though. What does it mean to say that a company that loses more than $5.00 a share this year will see long-term EPS growth of 25% per year? Do they expect them to lose about $4 or so next year? Zakrosian, That is a good question. I am not really sure but I believe your assumption is correct. I will see if I can find a CFA with the answer. Glenn

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