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


To: Jonathan Bird who wrote (10539)12/2/1997 3:42:00 PM
From: Brian Lempel  Read Replies (1) | Respond to of 12298
 
Mr Crisman: This would be a hell of a time for a press release!!!

How about something like this...

APM today recieved notice that they were to stop shipping MR heads for Western Digital's 3 inch portable drives. However, CEO Craig Chrisman was quick to note that the company had recently signed deals with Samsung, Seagate and Fujitsu to supply heads for their desktop programs.

Keep deaming!

Brian



To: Jonathan Bird who wrote (10539)12/3/1997 8:51:00 AM
From: Grommit  Read Replies (1) | Respond to of 12298
 
If last quarter is an indication of things to come....

...APM will remain mute and the price will continue to drift down and they will announce a surprising result for the quarter, and the price will drop some more. (Seems that investor opinion here is that the surprise will be in the downward direction.)

Message 2862084
Chih, I think you are walking into a minefield.