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To: Jonathan Bird who wrote (10896)12/9/1997 3:19:00 PM
From: T.R.  Respond to of 12298
 
Hey Jon,

I just stopped back to see if there was any "silver lining" to grab hold of. Unfortunately for all of us who were, and still are, on the short end of the "stick" things are still heading in the same direction.

I agree with your comments and concur this may not be the low end for this stock. I, too, am not trying to make anyone panic ( I have nothing to gain from someone's pain or loss.) Since I dropped out of APM I have been able to view it without emotion...I thought I was doing that when I owned it..but I guess when you're getting your "financial head" slapped around it is difficult to see completely straight.
Sound like Crisman is basically saying the "same old, same old."

Best of luck..as always make your own decisions on rational thought... but don't become bull headed hoping to be right.

T.R.



To: Jonathan Bird who wrote (10896)12/9/1997 3:47:00 PM
From: Think4Yourself  Read Replies (2) | Respond to of 12298
 
re: But if you talk to those longs now they will tell you that they sorely regret having ever talked(or heard) to Craig Crismum.

I remember reading a few weeks back on this thread that stockholders didn't think much of Crisman's honesty. There were some very unflattering comments. I only trust the SEC reports and audited statements, so I don't expect anyone with a vested interest to be honest with me.

Why would we care so much about Korean currency exchange? I am interested in Malaysian info. That's where the callable loans and factories are being built, no? Perhaps I need to recheck my facts as I may have them mixed with another investment.

His comment about MR is not totally borne out by the facts. IF they could produce "considerably" more MR (even though their plants have been under construction), why did WDC go to RDRT for the MR?? It is painfully obvious that WDC no longer wants TFI. Why couldn't APM have qualified with WDC for MR over a year ago?

re: APM is capable of producing considerably more MR than they are, but TFI is what customers are buying and orders should continue for at least another 12 months.

I read that as "... what OUR customers are buying ...". Again, why did WDC go to RDRT for MR???????

I concede that APM could perhaps make more MR heads but, again, why didn't WDC buy them??? (anyone sense a theme here?)

Overall his responses seem to reaffirm that APM will still be around in a few years, but he failed to address any of the near term issues. The answers seemed nuetral to me and could easily be interpretted either way. The only thing I found from his replies was that he appears to admit that their fixed costs are going to hurt them.

Ken



To: Jonathan Bird who wrote (10896)12/9/1997 3:52:00 PM
From: Don Earl  Respond to of 12298
 
Hi Jon,

<Just a warning Don.(sorry,yes another) In the past when people have called APM, it has always produced confidence in the longs. But if you talk to those longs now they will tell you that they sorely regret having ever talked(or heard) to Craig Crismum. You woud be wise to learn from those that have come before you.>

I agree. I take that into consideration anytime I call any company with IR related questions. The overall impression I try to get from such calls is if the people running the company are idiots. Crisman struck me as being sharp, smart and able to think fast on his feet. It does makes a difference, some companies ARE run by idiots.

<Still more downside to come. Sorry.>

Possible, but I believe it is very limited at this point. There always comes a place in any trend where the winning side gets over confident and hangs on a little too long, and pushes the limit a little too far. It's OK for those deep in the money that can afford to leave some profit on the table. It's not a place to initiate a position other than for pure day trading.

Regards,

Don