Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rational who wrote (10607)	12/5/1997 12:38:00 AM
From: Jonathan Bird	Read Replies (1) \| Respond to of 12298

Are you short? You must be pretty new to the APM threads huh? I've talked so much short talk recently im starting to annoy myself. But i'm not a mean short i'm a nice short. I took a good hit when APM fell from the 30's to the 20's so I deserve to make some back. And now i'm doing much better thank you. How do you know that longs are speculating more than shorts? I just think the shorts are baseing their position on more solid and recent info, thanks to WDC. On the other hand the longs(like you for example) are hoping for a "leapfrog" by APM to GMR that isnt supported by the even most trivial fact. And people are constantly coming through the threads talking about how they bought APM cause of the low PE ratio. And they assume that APM must be doing ok because surely the CEO would have said something if there was a problem. Thats a huge mistake. Anyway I am willing to become a long in the blink of an eye if the situation changes. I have been long twice in the past few weeks on technical reasons. But only briefly. It makes me very nervous. What if Crimsan were to break his code of silence and let the truth out? Very risky to be long in my opinion. I don't have the stomach for that kind of risk. I'm suposed to be having fun after all. Jon Bird