Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.265

-2.7%

10:36 AM EST

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To: Chavez6 who wrote (12141)	7/24/1998 8:16:00 PM
From: Stitch	of 12298

Chavez6; <<What are your thoughts on Kmag I just covered a short on KMAG today. I had no prescience on the precipitous fall we saw these past few days but I had added them as a short just recently, believing the sector would get beaten some more this quarter when it became clear we hadn't seen any light at the end of the tunnel. I am neutral on the stock with the cover, locked into a wait and see mode. Between you and me (and the anonymous readers) I hope, sincerely, to be a buyer of KMAG stock someday. But sadly, media is the most over capacity sector in an already overly crowded segment (DD). There are many better places to place your bets. Best, Stitch

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