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Technology Stocks : APSG - Applied Signal -- Ignore unavailable to you. Want to Upgrade?

To: David Rubin who wrote (728)	4/7/1998 9:40:00 PM
From: ElGator	Read Replies (2) \| Respond to of 884

I spoke with the company this afternoon and was told that it is their understanding a mutual fund has been liquidating a position; and that is all. There is no news, there are no problems, none are anticipated and company remains strong. Earnings should be released mid May. Market makers also seem to like to play with this one from time to time, i.e., take out stops and scare out weak hands. Stock seems to recover in relatively short order. I believe this issue is very undervalued and will be adding once stock begins to climb again.