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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Lempel who wrote (9415)12/20/1997 1:36:00 AM
From: AlienTech  Respond to of 13456
 
>>AT, is this still an APM related forum? Their 10K is pathetic. They don't even have enough damn cash to finance MR expansion. WDC was 80% of sales! No wonder they are now having a revenue shortfall!<<

Last time I looked APM has over 150+mil in cash..
Yes WDC cancelled the only MR head APM qualified with them which was the notebook portfolio drive. WDC is still using the TFI heads though. But if APM cant ramp up MR fast enough it will be a bad year..

Anyway Monday should be good.. Mutual fund inflows were up 3.9 bil the last 3 days, Japan will recover faster in 98/99.. Basically good news across the board, I expect the semi's to take off first though since that was one of the problems why they got hit first and most.

and ps.. I am staying away from APM long or short.. SHould shorted the sucker @ 25 but I got out at 22 and am disgusted with the companies management.. I would buy WDC or QNTM no matter what the problems even SEG before I ever buy APM.