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


To: 777 Captain who wrote (11687)3/31/1998 8:44:00 PM
From: Spots  Read Replies (1) | Respond to of 12298
 
>> I wish I could garner more fundamental information
regarding the company, especially regarding their
development efforts...

I'm gradually effecting my philosophical transition from
fundamentals to TA. I swear to goodness, I CAN'T TRUST
THESE BASTARDS. And, suppose I trust them, I CAN'T INTERPRET
THESE BASTAEDS. And, suppose I interpret them well, I
DON'T KNOW WHAT THESE BASTARDS LEFT OUT. These are my,
well, fundamental current problems with fundamental
analysis. Of course, the charts don't predict the future,
but I'm more and more convinced that they reflect all the
known quantities accurately. Don't misunderstand, I still
think fundamentally sound companies are the best place to
invest, but beyond the grossest kinds of good sales, good
markets, good earnings stuff, I'm close to the point where
I don't want to know anymore. Stocks are four-letter words.

Humph. You see here the metamorphosis of an idiot to a
better-informed idiot. Well, hell with it. Let it hang out.

Regards,

Spots

PS. Maybe I'll feel more sanguine tomorrow ...