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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (15735)12/18/1997 8:19:00 PM
From: AlienTech  Read Replies (2) | Respond to of 50167
 
I bailed out of APM @ 22 with a 50% loss. I think thats it, I even suggested its a good short at that point and almost went through it but didnt have the heart. My target was 14-18, It seems to hang around the 13 support now if that breaks next is 8-9 which is book value. I am not sure what to think of the management, I only got back in it after someone else talked to the CEO and the CEO reiterated that they were on schedule and target. Too bad he didnt say it was their own target and not the analyists targets. And also they are ramping UP production of the new designs to Q2 than Q3 now. They have the money to do it so it should be possible to do it.