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


To: jermoney who wrote (11450)3/12/1998 7:12:00 PM
From: Brian Lempel  Read Replies (1) | Respond to of 12298
 
Jerry, I think that most of the shorts for APM are in it until the company trades for $2 on the OTC BB! A play by an institution would be damaging to shorts, but doesn't change the long term fundamentals of the company, which are that if they don't qualify customers in 3 months, they are facing bankruptcy.

Brian