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Technology Stocks : Applied Magnetics Corp
APM 1.400+2.6%Nov 7 3:59 PM EST

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To: Stitch who wrote (12005)5/26/1998 9:00:00 PM
From: Ron Burns  Read Replies (1) of 12298
 
A few years ago I saw APM in Barron's at 6. I loaded up the truck (I had a lot of nerve). A few months latter, there was enough capital gains to pay for a couple years of college for my daughter. Same scenario now I would say. If one can tolerate some risk why not buy a few hundred shares. Question is, will APM reach $6.25 in a year? If the answer is yes, then that's a 25% return. As a famous actor said, "Are you feeling lucky?"
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