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Strategies & Market Trends : APMP (formerly APM)

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To: AlienTech who wrote (11219)5/21/1998 6:16:00 PM
From: Rudy  Read Replies (3) of 13456
 
Nothing to get surprised at. APM is heading down to 4-3/4, from there to 2-1/2 and then to zero. Very simple. They have nothing to offer even to be taken over.

Did you guys hear what happened to Zenith Electronics (ZE)? Just decided to be a subsidiary of another company (to save some jobs probably) and declared that there will be no distribution to shareholders. Meaning zip, zilch, a big ZERO. A year ago, couple of times, I wrote here that a stock can go down to zero. Yes ZE did. Is APM next?

Well with no technology, ever dropping product prices, cut throat competition, Asian dumping, and no valuable technology it can happen. Even the book value may not be saved.

So Susan, think again.

Good luck.
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