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

To: Greg Jung who wrote (10396)	11/18/1997 7:31:00 AM
From: Jonathan Bird	Respond to of 12298

<<I have a lot tied up in APM myself since June (?) I can't remember - prior to the over-achieving quarter. >> Greg, Anyone who held APM through earnings deserves a purple heart, and I feel a strong kinship with them. Their only major transgression was that they trusted that Crimsan in good faith would surely communicate with shareholders if a tragedy was on the horizon. But not only did Crimsan not warn, but he released the bad news with the worst posible timing. And to add insult to injury allowed the news to leak to some privileged parties. Extremely Bad Form CC!! Shame on Crimsan for these despicable acts! But if you hold APM through next earnings, and watch another unexpected bomb get droped, then shame on YOU! You look out for yourself bud. Make absolutely sure you are not going to be had twice in a row. Keep a clear head. Do not let your losses cloud your judgement either way, do not fight the trend, and do not hope for miracles. If you feel you would not be buying into this stock on this day, then you should not be holding this stock on this day. Of all peoples, APMers deserve to have a good thing hapen to them. But it is my sincere belief that its not comming any time soon. I salute you, Jon Bird