Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.300

-2.3%

Dec 12 9:30 AM EST

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To: AlienTech who wrote (12147)	7/26/1998 11:22:00 AM
From: Greg R	of 12298

<<hmmmmm...>> Although it never made the $60 mentioned a year ago, the charts still allowed them to know when it was going wrong and to get out. Only one of the projections on APM have lost money, maybe not as much as hoped for when the projection was made, but made money. I've put a note in my tickler system to go long tomorrow morning for a couple of week's, then the merry old downward spiral continues.. AT, if you look at the chart, you will see the "mean expected path". Although there is a short bull run, it is contained within an overall bear run that sees the stock reaching values of less than $1 in about 14 months time.

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