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

To: Spots who wrote (11788)	4/27/1998 1:23:00 AM
From: 777 Captain	Read Replies (1) \| Respond to of 12298

Questions for the experts. On the disk drive thread, there is mention tonight that things MAY (or MAY NOT) be looking up. Anyway, it appears that things could be worse. The third quarter for APM IMHO is ABSOLUTELY critical. I agree that they may have decoupled from WDC somewhat, and that concerns me. Who will APM be selling to if they do qualify their 2.8's? The two positives that I saw in their Financials were the fact they they were qualifying, and the fact that they didn't issue more stock. (Not issuing the stock gives me cause for some optimism regarding sales - but to who?) Any comments would be appreciated. Regards.