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


To: AlienTech who wrote (11246)1/16/1998 7:30:00 PM
From: Spots  Read Replies (3) | Respond to of 12298
 
Thread, does anybody have a reaction to the stockholder's
report sent out a few days ago? I didn't get this since
I had short naked puts rather than stock (which I dumped
yesterday on the minor runup, BTW), but I had a synopsis of it
from a stockholder over the phone. The effect of it,
as I understood it, was ameliorative of the report.

Specifically, the company
expects to have converted substantially to MR technology
with a strong position in GMR technology within 2-6 months.

Please note: This is what I recall from a phone conversation;
I don't have any in-hand documentation. I'm asking here for
reaction, clarification, interpretation, refutation, set
me straight, whatever.

Anybody got any comments?

Regards

Spots