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


To: James F. Hopkins who wrote (11839)5/6/1998 6:02:00 PM
From: Mark Adams  Read Replies (1) | Respond to of 12298
 
Sorry to hear you couldn't bear the pain. I'm holding from way back- and every time I think about selling I talk myself out of it. Put a bid in for some Oct calls today, but it didn't go through.

My take on things is the market over reacted to the WDC announcement, though this helps compensate for underreacting to the poor earnings recently. It took a lot for the stock to break support at 9 3/4, and it looks like new support exists at 8.