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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: Frodo Baxter who wrote (11947)5/16/1998 3:31:00 PM
From: Kenwood Sun  Read Replies (1) of 12298
 
<That was last quarter. It's currently $7.09. >

So APM closed at $7.00 yesterday. Ha...ha, Market seemed too shrewd to give even a little bit more value to APM than its book value. While most of other stocks have priced far more than their book values, double or triple their book values, even if some of company's earnings had been in the same situation as APM's. It is really ridiculous.
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