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

To: Think4Yourself who wrote (10965)	12/10/1997 9:18:00 PM
From: Jonathan Bird	Read Replies (2) \| Respond to of 12298

Think I'll switch my WDC position into QNTM tomorrow, if it dips hard enough. QNTM has DLT and has already gone through the MR transition. Oh by all means get out of WDC. It isn't going anywheres without you. Only gonna show a modest profit for the next year for goshs sake. I have a hard time thinking of a more dead place to keep your money. Think we'll see APM in the elevens tomorrow? Boy you are getting really optimistic lately. I don't expect that. but now that the white night of the sector has finnally fallen I do expect the sector to bottom over the next week. But for APM this will only be a near term bottom. There is no way its gonna make earnings this QTR at 39 cents. But I am hesitant to take a long position in any DD stock. After all, what in the next at least 3-6 months is gonna turn the sector back up? whatever it is it is nowhere in sight. Jon Bird