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


To: EyeDrMike who wrote (11203)1/13/1998 12:26:00 PM
From: Donald Isenhower  Read Replies (1) | Respond to of 12298
 
To all: Well I continue to see why I am a pure amateur in this game. Here this news comes out and I thought it would kill them and the price is staying amazingly flat. So I am going to assume that this is very close to the bottom that this news is going to take us (but no, I absolutely will not be buying here). As far as the company being toast, I don't see that in the current situation. They've been here before and likely will dig their way out as usual. The only really big reason I worry more now about them is that IBM and SEG have been working on becoming suppliers for more than just themselves. I think I will just stop thinking about any part of this sector, since I am long on RDRT as well and simply don't understand why they have not seen any rewards for having made the MR transistion in what apppeared to me to be very timely manner. Nuts to this mess....

Donald