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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: Rudy who wrote (9004)	12/2/1997 4:27:00 AM
From: Rudy	Respond to of 13456

* 1 Stock 1 Week * My pick once again is SMTC long. Tuesday open. Once again I pick my winner. Due to strong short term indicators and a possibility of up break from a symmetrical triangle it has formed last 6-7 weeks. Unless market crumbles down, SMTC should do fine. It probably will not win. I just could not find soemthing that promises a lot in the very short run.

To: Rudy who wrote (9004)	12/2/1997 7:48:00 AM
From: tom pope	Respond to of 13456

Rudy, thank you for your work. First Call (from e.schwab's site) only shows one analyst covering APM, which makes any estimate a little suspect, in my view. Though i'll buy a little today, it won't be a super high confidence trade. FWIW, i sold half my creaf yesterday, just because i'm suspicious of stocks that go so counter to the market on an up day.

To: Rudy who wrote (9004)	12/2/1997 8:10:00 AM
From: marc chatman	Respond to of 13456

>>Now you decide, is APM: a) grossly undervalued? b) widely expected to go down the drain? c) severely depressed? d) None of the above. (If so what?)<< d) None of the above. How about "shrouded in uncertainty?" Using last year's earnings is problematic IMO because of the drastic and sudden technological changes moving forward (i.e., the premature demise of TFI at WDC). I don't think anyone outside the company truly knows the status of APM's MR and GMR programs, ramp up, etc. I've said this is a turnaround situation, and I stand by that view. I think the odds of APM coming back in the long run are good. If CC could do it once under more severe conditions, he can do it again. But at present, this company is still on shaky ground.