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


To: Robert T. Quasius who wrote (11433)3/7/1998 11:35:00 AM
From: Glenn D. Rudolph  Respond to of 12298
 
Short term I am bearish because it will take a while for APM to ramp up MR production.
At the same time, the entire sector is depressed due to reports of excess inventory, etc.

It will take 2-3 quarters to wring out the bad news and see some positive movement.


I do understand and agree. I suppose I have hope the market will look a bit further out than it has in the past.

Glenn



To: Robert T. Quasius who wrote (11433)3/7/1998 1:50:00 PM
From: giddy guru  Read Replies (1) | Respond to of 12298
 
//gg//

Robert, you wrote,


it will take 2-3 quarters to wring out the bad news and see some positive movement.

Smart money will be in before everyone realizes the turnaround and the stock would have moved substantially by then. Wall street looks 6 months ahead!!

/gg/