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: Susan Saline who wrote (12172)	8/4/1998 6:45:00 PM
From: Stitch	Read Replies (1) of 12298

Susan, My quarrel is not with the food chain connection between disk drives and the internet. I believe one of the major spurs for storage will be expanded bandwidth and have said so on many occasions. My quarrel is with the statement that APM will appreciate because IT is an internet stock. APM is the most crippled, least performing, of a very troubled sector. No equivocations here...this stock is headed for the pastures of bankruptcy IMO unless someone buys its assets (for goodness knows what reasons). By the way...I have warning on APM since it was trading at 16 or so. best, Stitch

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