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Technology Stocks : Applied Magnetics Corp
APM 1.360-4.6%10:19 AM EST

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To: Astarte who wrote (12223)2/5/1999 2:40:00 PM
From: appro  Read Replies (1) of 12298
 
Sounds like you already have a lot to gain if APM rises again. APM and SEG seem to be the only disk drive sector stocks up right now. Others are trending down from the recent rally. If APM is prices their product aggressively to regain revenue stream, profitability may remain elusive. Then again even seeing light at the end of the tunnel has been known to do more for this depressed stock price than the actual achievement of profits. I think APM could begin to look more attractive than it has been, but I would not bet the farm on it.
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