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


To: Bosco who wrote (10319)11/13/1997 12:51:00 PM
From: Greg Jung  Read Replies (2) | Respond to of 12298
 
<< leapfrog MR >>

Analysts believe they are experts in everything. When APM gets the hang of MR they can flirt with GMR but you can't just "leapfrog" to it. That isn't a part of the funk with APM, anyway. There has been a re-ignition of DD price war and the asian currency crisis escalates that. So WDC missed last Q and next Q it earns 1/3 as much and will be squeezing suppliers to do that. Comments about "disturbing trends" from the Unitrode CEO (see UTR).

Greg