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Technology Stocks : Applied Magnetics Corp
APM 1.260-3.1%Dec 15 3:59 PM EST

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To: Stitch who wrote (12099)7/8/1998 8:37:00 PM
From: Spots  Read Replies (1) of 12298
 
>> This stock is dead and just too dumb to fall over.

And yet, Stitch me lad, whenever I see an obituary like
this, it makes me prick up my ears to listen out for
a strangle or some sort of option arbitrage. When
you say the stock is too dumb to fall over, aren't you
saying it's getting a play from somewhere? If I were
a smart man, which sadly I'm not, I would figure the
play and ride the curve.

I don't know Gus, but from his few posts here lately
that looks like my loss. However, I like his comment
about stops tighter than what?--don't recall--enamel
on teeth sticks in my head, anyway something like that.
Could be some waltz-about money here if you're smart
enough to play it right. Let's me out, though.

Regards,

Spots
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