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


To: Donald Isenhower who wrote (11772)4/22/1998 8:13:00 PM
From: appro  Respond to of 12298
 
Donald, I agree. I think it could be unrelated to disk drives such as:

1. Cure for common cold or cancer.

2. Achieved super conductivity in carbon fiber at room temperature.

3. Solved problem of viable cold fusion reactors at price competitive with microwave oven.

Hey, I can dream too. : ) Seriously I do hope you are right that APM has found a great way to make money and just wants to surprise us.



To: Donald Isenhower who wrote (11772)4/22/1998 8:25:00 PM
From: 777 Captain  Read Replies (1) | Respond to of 12298
 
From what I can determine: (1) The attempted consolidation of APM & RDRT, although presumably supported by Wall Street, left some scars at RDRT that are still somewhat sore. Not meant to imply that there won't be some consolidation (I'm expecting it), but maybe not an APM & RDRT. (2) The short interest could be lending some support. (3) Like it or not, APM is a scrappy little company - they know how to compete - maybe somebody out there sees tham as a survivor (I do.) FWIW. Regards. P.S. VVUS also shows awesome support at about 7 5/8'ths - don't know why - but saw it again today - go figure.



To: Donald Isenhower who wrote (11772)4/22/1998 9:44:00 PM
From: LK2  Read Replies (1) | Respond to of 12298
 
Donald, trying to figure why APM is selling at 10 (or 5 or 20) is basically an exercise in futility. Is there any way to make money on this stock? I have no idea. You don't know what's going on in the company, and you have little or no idea what the stock market will do with the stock price.
The stock could go to 5, or it could go to 20. Maybe there will be events that you could say will justify any future price action, or maybe not. But you won't get any reliable information from APM or Crisman that will give you a solid basis for guess-timating what the stock price will do.

Regards,
Larry