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

To: Don Earl who wrote (10915)12/9/1997 10:33:00 PM
From: Think4Yourself  Read Replies (2) | Respond to of 12298
 
Any idea on how many shares Crisman and other directors hold? eom



To: Don Earl who wrote (10915)12/9/1997 11:15:00 PM
From: Rational  Respond to of 12298
 
Don:

If they need to raise cash they are already approved for up to
40,000,000 shares and should be able to raise $90 million even at book value if they need to. In fact, they should have a rights issue to raise money. But, their SEC filing says that there will be no rights issue.

Thank you for obtaining the information which I found useful. I am neither short nor long in APM.

Sankar



To: Don Earl who wrote (10915)12/23/1997 3:43:00 PM
From: Epics  Respond to of 12298
 
Hey its Epics, used to be huge bull and sold at 30 because it acted like a dog. APM's only revenue for the quarter is for the 3 inch portable mr head through WDC. If Crismman preannounced, IHMO it must be REAL UGLY.

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