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

To: Shane Stump who wrote (10276)	11/11/1997 12:47:00 PM
From: virgil vancleave	Read Replies (1) \| Respond to of 12298

that is why even though i like the company and think they are undervalued here, i think at a minimum the stock price will take quite some time to recover. maybe years. this could very well be a pausing point on its way back down to the single digits as more and more bad news appears. i bailed at 18 for a small loss in comparison to some, but was still a 20 percent loss. i did not follow the rules here since i "fell in love" with the company. i will still follow it and may buy back when the time is right which i don't think will be for a while. my losses are about 2000 dollars. a lesson well learned. good luck