Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.260

0.0%

Dec 16 3:58 PM EST

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To: T Bowl who wrote (12081)	7/1/1998 11:29:00 AM
From: LK2	of 12298

Todd, could you explain what >long term EPS growth of 25.00% per year< means for companies that are currently losing money? Does it mean they will lose less money in the future? Or will they actually make money? Regards, Larry PS: Before I got into the stock market, I was under the >stupid?< impression that companies were supposed to make money. But now I see that it's future earnings that count, and that's why stocks like Yahoo and AOL and even our beloved Applied Magnetics can rise so strongly.

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