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

To: Jonathan Bird who wrote (10676)	12/6/1997 8:26:00 AM
From: Zakrosian	Read Replies (1) \| Respond to of 12298

Jon - You seem to have a good grasp on the issues here so let me ask you. Do you know what disk drives are part of the $1000 PC's that seem to be selling so well? If they use the older technology, it could prove beneficial to APM in the short term. (I'm sure you considered this before going short).

To: Jonathan Bird who wrote (10676)	12/6/1997 12:21:00 PM
From: Dave Chanoux	Read Replies (1) \| Respond to of 12298

The last 60 or so messages has been a great debate. I wish I could have taken a more active part. Are you folks on-line-all-the-time? Don't you have to work? If I could declare a winner, it would be the shorts. But the market will pick the real winners. So for now, the longs are long, the shorts are short, and the uncommitted are having lots of fun without having to buy a ticket. Thanks Jonathan, Todd, Don, Sankar and all the rest. Regards, Dave Chanoux

To: Jonathan Bird who wrote (10676)	12/6/1997 2:14:00 PM
From: Think4Yourself	Read Replies (3) \| Respond to of 12298

You answered so fast that the message had not been fully edited yet. If you check the header it says WDC/APM. Additionally the word leapfrog is quoted because it is your term. To me this is a natural progression. Actually I don't know if APM or RDRT would benefit, or if it doesn't matter. My story was more to the issue of WDC than APM. Guess I should have posted to WDC instead. APM would benefit by going to GMR in that it has to build/upgrade it's lines anyways. My observation is strictly from a business viewpoint. If such a business decision were made, the technicians would make it work (or be unemployed). From a business viewpoint it still makes sense to me for APM to do this. The choice is whether to upgrade the equipment/lines/products/training once in the next few years, or twice. I am not privy to their internal cost/benefit analysis, so I would be a fool to say they will or won't do it. It additionally make sense in that if WDC is in fact going to GMR with RDRT, APM will lose market share if they don't go to GMR now. Whether or not they say anything for or against publicly is irrelevant as there is no legal requirement for them to divulge their corporate strategy publicly. Now if they say it in a 10K or 10Q report that's a totally different ballgame. Out of curiosity, what has WDC stated in the last few weeks to say they would not consider GMR? If you are referring to something over a month old, things have been changing so fast that to rely on old statements would be inappropriate. Ken