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Technology Stocks : Applied Magnetics Corp

APM 1.141

+3.8%

Dec 18 3:59 PM EST

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To: Stitch who wrote (11942)	5/16/1998 10:26:00 AM
From: Zeev Hed	Read Replies (1) of 12298

Stitch, yes, the current book value is $8.41 but what is the rate of decline? Furthermore, I am not sure that these numbers include the effect of the devaluation on their Malaysian assets. These might be, however compensated by some sizeable Malaysian liabilities, are these nominated in the local currency or in dollars? Zeev

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