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Technology Stocks : Applied Magnetics Corp

APM 1.141

+3.8%

3:59 PM EST

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To: Jonathan Bird who wrote (11982)	5/21/1998 11:25:00 AM
From: Dave Chanoux	Read Replies (1) of 12298

I got out when I read the president's letter in the annual report which claimed that the company was the industry leader in TFI heads (or words to that effect). Made me think of buggy whips for some reason. Regarding Samsung: TFI heads at that product density point doesn't make any sense to me. The current quarter is the end of the Western Digital business and the beginning of ??????????? Third quarter revenue could be very, very substantially down from Q1 and Q2. Lower before higher, in my opinion. But I have never been right on this one. Regards, Dave Chanoux

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