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

To: SeanS who wrote (11040)	12/17/1997 1:13:00 AM
From: Anthony Ostroski	Read Replies (1) \| Respond to of 12298

yeah seans, I've learned to definitely not trust analysts; they just don't know. Secondly , online discussions sites that at one time seem biased then that's a contrarian indicator. eg APM past , Creaf, yhoo.

To: SeanS who wrote (11040)	12/18/1997 12:23:00 AM
From: Area51	Respond to of 12298

Hi Sean, Thanks for the reply. I sold most my APM outright today for about a 33% loss. Still keeping 100 shares in my IRA, so its fine with me if it runs away on the upside and I never get the opportunity to buy it. Hey even SIII was up today and people were talking about buying 12.50 calls, so it could happen. More likely, I think APM gets a little cheaper until they show some visibility of returning to profitability. SFAM got a little more expensive today and hopefully a little more expensive tommorow since they came through with decent earnings today. I'm not inclined to add to my position in SFAM at over 25 so I may use some of my new funds to buy some MRVC tommorow instead. Good luck in all your investments particularly APM, Garry