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


To: Kenwood Sun who wrote (11177)12/30/1997 5:34:00 PM
From: appro  Read Replies (2) | Respond to of 12298
 
>>It has long way to go to back to 20's or 30's<< or 2's or 3's which would be retest of lows three years ago when the company's foward looking propects were fairly foggy (as they are today). I am not certain but I believe it was then selling at a 50% discount to book value.

IMHO, anything above $11 is a good opportunity to sell and wait for a better time to buy back in.