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Technology Stocks : Applied Magnetics Corp

APM 1.100

-12.7%

Dec 17 3:59 PM EST

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To: Turbo Lawyer who wrote (12040)	6/9/1998 7:41:00 PM
From: Stitch	Read Replies (1) of 12298

Turbo Lawyer, << a dried up heart is blowing on a dusty dirt road >> You sir, are a poet, in spite of your yuppie moniker.<G> My compliments on a very apt metaphor. Even more interesting is what is happening to their former customer together with whom they delayed the MR transition too long to weather the recent storms in this beleagueured industry IMO. cbs.marketwatch.com It remains to be seen, I guess, whether WDC can recover. With Seagate heavily rumored to be recording a profit this quarter, and Samsung announcing a time to market leader product, at the same time WDC is announcing they expect to soon be in default of loan provisions, the contrasts are marked. For our hapless APM I would say the fat lady is warming up. Do you see that small dark sillouette near the horizon of that dusty road of yours? The one in the direction that the wind is blowing. That is a hungry old pig, getting ready to consume that dessicated heart. Best, Stitch

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