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


To: Dennis Jacobsen who wrote (10336)11/14/1997 1:32:00 AM
From: Paul Senior  Read Replies (2) | Respond to of 12298
 
IMO it was a good day to add to one's position in APM... which is what I've done. Looks too like I'll be seeing posts now from more experienced traders or value investors. I like that.



To: Dennis Jacobsen who wrote (10336)11/14/1997 8:27:00 AM
From: Greg Jung  Read Replies (1) | Respond to of 12298
 
Dennis, I believe there is most profit in buying unpopular situations
on the cheap. Just use money you don't need for a while, enter positions with the understanding they can drop by 50% or more, and try to be ready to profit from those drops.



To: Dennis Jacobsen who wrote (10336)11/14/1997 2:05:00 PM
From: LoLoLoLita  Read Replies (2) | Respond to of 12298
 
>Anyway to ease my pain, do you have any comments on how we could have
>forseen this turn of events and when those with exceptional >vision >could have acted to take profits, or at least preserve capital.

Any T/A types want to address the above in the context of what
I saw to be a woeful lack of volume in WDC's "dead-cat bounce"
two weeks ago from 30 to 33?

WDC and APM are kind of joined at the hip right now. The major difference is that Larry Haggerty gives out information (both good and bad), while Craig Crisman keeps it all to himself.

---
Formerly LONG APM and WDC. Still holding on to my QNTM, RDRT,
and INVX, and wish I'd bought more of them.

Regards,

David (just signed up after lurking for months).