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

To: Paul Jansen who wrote (10234)	11/9/1997 9:10:00 PM
From: Doug Bean	Read Replies (3) \| Respond to of 12298

Okay, I too know the feeling of loss. I am in at a 30.75 average and have way more than I should at this point.. Am I selling? No! at least not yet. I mean whats the point ? Tax loss,,, way to early. Unles you intend to buy back in and think it will still be down. I guess that I think in the long run APM will be a good investment and unless it turns out that selling it at the last minute of DEcember is a good move tax wise , then I will just tough it out. It seems we have all ( and believe me I am included) come to expect straight line appreciation. I am not advocating hold at all costs. but lets take a close look at the companys financial standing and then decide if it can come back. If APM does go down a lot Monday and next week, I'll be callng my broker,, but it won't be to sell. A couple of thousand at 18 gets me to 24 and two weeks ago I would have been thrilled to death to be at 24. CRDoug

To: Paul Jansen who wrote (10234)	11/9/1997 10:53:00 PM
From: blankmind	Read Replies (1) \| Respond to of 12298

WDC may eventually merger or be taken over with SEQ, QNTM, or one of the others. Likewise, APM and RDRT may also merge at some point. -- My basis for this is history: for instance, look at the wholesale clubs. There use to be several, now there's only like 3: Sam's, BJ's, and Price/Costco. Or, look at the Baby Bell consolidation, i.e. Bell Atlantic's takeover over NYNEX. Or, look at the consolidation in the banking business - where large banks take over smaller, less profitable ones. -- Out.