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


To: Peter Yang who wrote (10528)12/1/1997 10:33:00 PM
From: Don Earl  Read Replies (1) | Respond to of 12298
 
Hi Peter,

Once again we're talking about an Affiliated Person (possibly the same one) and not the kind of mass sell off by a lot of executives that would be considered a warning signal. If you see a ton of insider sales just before earnings it might be a cause for concern. An Affiliated Person dumping a few shares after earnings and before the end of the year is meaningless. Most likely tax related. Pick three or four stocks that trade 300K+ shares a day and have gone up steadily over the last six months. Then check for insider sales going back from around four months. I can almost guarantee that you will find some selling no matter what stock you pick.

Regards,

Don



To: Peter Yang who wrote (10528)12/2/1997 10:24:00 AM
From: virgil vancleave  Read Replies (2) | Respond to of 12298
 
kind of funny that is where i exited to cut my loss. looks like apm will more than likely make new lows before it goes higher as the trend now is most definitely down. i may be a buyer again below 10 since that is where i see it going. p/e there on PAST performance would be quite low but based on their future and the panic i am seeing in disk drives, the blood still has a little more flowing to do. this is one to watch though. good luck