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Technology Stocks : Applied Magnetics Corp
APM 1.215-3.6%1:23 PM EST

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To: John Finley who wrote (12118)7/10/1998 12:31:00 AM
From: Stitch   of 12298
 
John,

Next time you trash a stock I'm in I'm going to SELL the damn thing!>>

John,

Before you say that let me assure you that I have as many misses as hits. For example I did not see the January rally and only bought very late in it, only to see my pick (primarily Seagate) free fall from 28. I have bought down and now have a substantial holding (for me) in Seagate that is still below my average a bit. Also, please remember I was disenchanted with the whole independent component supply line which included HMTT, Komag, and Read-Rite. In my mind APM was a relatively easy call in that it was spotting the weakest in a weak sector.

best,
Stitch
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