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

To: Think4Yourself who wrote (10814)12/8/1997 5:23:00 PM
From: Chih-Lun You  Read Replies (1) | Respond to of 12298
 
So is this press release positive or negative depite the fact that it might be overly optimistic?

Confused:-I ??



To: Think4Yourself who wrote (10814)12/8/1997 5:25:00 PM
From: Brian Lempel  Read Replies (1) | Respond to of 12298
 
Ken, don't get upset here! I still would like to know what your reasoning is. Because you have limited information on the company's customers, I don't see how you can form a very good judgement.

Yes, DD fundamentals have gone to hell. That is why APM is forecasting lower ASPs for their products (which is modeled into their revenue forecasts). But the fact is that they still have customers that are buying their products.

Brian


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