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Technology Stocks : Applied Magnetics Corp -- Ignore unavailable to you. Want to Upgrade?


To: skycapten who wrote (10034)10/29/1997 12:22:00 AM
From: Greg Jung  Read Replies (1) | Respond to of 12298
 
I didn't pay enough attention, but isn't the miss the same magnitude as what happened to WDC - also without warning.

" Once you recalculate the growth rates " ...

Nobody has a methodology for doing that into the future. I've got the last four earnings and when I read the bottom line "Total assets"
it gets smaller as I look into the past. I picked APM up when it was 25 back when good ideas were few and far between. Now there are more choices but I already made the choice and I have to keep discipline with it.

Greg