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

To: Glenn D. Rudolph who wrote (10722)	12/6/1997 11:34:00 PM
From: Rational	Respond to of 12298

Glenn: The APM announcement (Oct 23) also says: The company is continuing its commitment to MR product development and became qualified on two new customer drive programs during the quarter, for high-end and for portable-disk-drive applications, with additional qualifications anticipated in the first half of fiscal year 1998. This seems to indicate that WDC and APM synchronized their decisions. This is a normal business strategy between a reputed parts producer like APM and its customer (WDC). I read on WSJ profiles that APM generates about 44% of sales from WDC. It is thus expected of WDC to synchronize its production with the component supplier APM that has been acting alomost like a division of WDC. Sankar