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

To: Greg Jung who wrote (10440)	11/19/1997 7:17:00 PM
From: EyeDrMike	Read Replies (2) \| Respond to of 12298

APM retains title as the NYSE's stock with largest short position. shares short: 9,316,049 not a promising sign, IMO, given the recent dip in price, and opportunity the shorts had to cover. Mike

To: Greg Jung who wrote (10440)	11/20/1997 9:11:00 AM
From: john p. carney	Read Replies (1) \| Respond to of 12298

<I capish, but its a very thin thread you're weaving.> I didn't know I was weaving a thread. All I'm trying to say is that I don't think WDC is going to be in any position to get price concessions on MR heads. I'm not saying this will be good, bad or indifferent for APM, but I do think as far as MR goes RDRT seems to be in a pretty good position. Please take this with a LARGE grain of salt. The current state of my portfolio would attest to the fact that my reasoning has been less than brilliant lately :o) BTW Although I do still have a small position inAPM (200 shares) I currently have no position in RDRT. John