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

To: Stephen McCullough who wrote (10315)	11/13/1997 5:35:00 AM
From: The Duke of URL©	Respond to of 12298

ok steve and thanks, I went back and looked at the last 10Q, june 97 filed oct 97 100MM. But this is a capital asset not an expense, so it would be amortized (yea, i know, depreciated) over the life of the asset not deducted. 3+ years or more imo, but record sales, newest quarter, record sales, not one hint of trouble, other than standard yadada, yadada. Ok, if sales have "stopped" some one's got to make a disclosure. Nada, nicht, nyet (nothing) not a word, Except the barrons art which says "sales could be zero" WHATS GOING ON? thanks again, lets keep looking, duke.