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


To: Brian Lempel who wrote (10959)12/10/1997 8:11:00 PM
From: Jimmy Chan  Respond to of 12298
 
well.. yeah.. just dangling around.. the company isn't going anywhere.. after they catch up with the technology, hopefully make some money, then share price will get back to where i bought it(35). so i just imagine i lost 2 years of interest if i had put the money in a CD account. i guess most of who held on from the 30's, their life styles aren't affected by APM's share prices.. am i right? i am lucky i can still enough money left affort to buy a new car now..



To: Brian Lempel who wrote (10959)12/10/1997 9:15:00 PM
From: Think4Yourself  Read Replies (1) | Respond to of 12298
 
<If they can make it through this year without incurring too much in losses, they should emerge much stronger. >

After reading Quantums press release, I am no longer so sure about APM's long term future. Quantum was/is in the best position of any of the DD manufacturers (except IBM) IMO. I suspect there will be a number of small DD companies merging or going belly up in the next 6 months. If they are APM customer, as Micropolis was, APM MIGHT not survive. Since I don't know who APM's customers are, I cannot say with any certainty. This is merely speculation.

Ken