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


To: Gary Ku who wrote (10213)11/8/1997 12:33:00 PM
From: john p. carney  Read Replies (1) | Respond to of 12298
 
< I hope your head up and money down.>

Well gee Gary, that's a nice sentiment! Actually, I have no position currently in RDRT. I sold at 28 and change a couple months ago. I do however have 200 shares of APM left which I'll probably hold hoping for some kind of comeback.

I kinda suspected that SEGs problems would cascade thru the industry, so I sold most of my HDD holdings and bought PAIR, MCHM (which has tripled) and kept a lot of cash. I did get back into QNTM yesterday however because I think their DLT products will shield them somewhat from HDD problems. Besides QNTM at 30-32 was just too cheap to pass up.

Don't wish anyone bad fortune, Gary. Remember what goes around comes around.

Be well
John