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

To: Spots who wrote (11826)	5/4/1998 7:26:00 PM
From: James F. Hopkins	Respond to of 12298

Spots; No offence taken..I had read that ..that's not the news what I was refering to..some one said like he saw news like before 6am this morning but never said what. ------------------ Then some one said I was nuts for averaging down, but they don't know how I do it..so they just running an agenda.. ---------- I got two wins on this dog in spite of her bad preformance.. both of them came as she got over shorted, and has nothing to do with the long term outlook. I stay in kinda tight like spearing a fish..now the bears may out gun me, but they may not..as I keep adding like blim blam thankyou mam..till I reach my table stake..my average is not likely to ever get 1/2 or 5/8 pt above the going price..the thing is if she bounces I'l be there compeating with the shorts as they try to cover..the big hurt can hit me if they take her down after hours, but if they don't do that I have faith enoungh in myself to grab the largest chunk as she turns up..I'm 3x what I planed on..but can go 6x without margins, I'm down 7/16 so far but can drop that to a 1/4 easy on one buy..so with a half pt bouce I can lighten up just in case and still be ahead. ------------------------- All in all my timing was off on this play at the start..but I've made some tight turns in the past..I'm still betting I'll get some money out of this one. If it gets were she takes back what I won on the first two, + what I was going to risk to start with then I'll kiss her sorry butt good by..till then unless the basic picture changes dramatically I'm lashed in..the bears need not worry as they are allready ahead.."I guess".. Yet they might have one or two who got hurt some the last time she bounced and is playing catch up and came back for more. ---------------------------- She need to bounce soon though or me gone. Jim