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


To: Frodo Baxter who wrote (11851)5/8/1998 6:27:00 PM
From: Kenwood Sun  Read Replies (1) | Respond to of 12298
 
what does the convertible arbitrage means?



To: Frodo Baxter who wrote (11851)5/8/1998 6:58:00 PM
From: T Bowl  Respond to of 12298
 
Breathe master breathe. Forgive James, the TA ain't workin' so he's not thinkin'

Do ya see me smilin' all the way from Boston??? Golly I love this stock!! If it weren't for the uneducated, this puppy wouldn't keep poppin up and down and presenting such great looking short opps

James, just do as Master Lawrence says when it comes to this stock and you'll be better off<BG>

todd



To: Frodo Baxter who wrote (11851)5/8/1998 11:34:00 PM
From: James F. Hopkins  Respond to of 12298
 
GEEZ You really don't need to be so gracious with your opinion,
your courtesy overwhelms me and does make it difficult for me to
inform you that your wrong.

The rumor that the shorts will never cover is ludicrous and
unfonded in fact. The convertibles issued last march have no
ominous connotations to them and are common knowledge, this
is not an unusual way to raise capital. I doubt the person
who started the big bad ominous connotations even knows what
they are.
-------------------------
Good luck you just may need it.
geez..I smell a squeezz a coming.
Jim




To: Frodo Baxter who wrote (11851)5/9/1998 12:26:00 AM
From: Stitch  Read Replies (1) | Respond to of 12298
 
Lawrence;

<<

How many times do I have to tell you that most of the shorts on APM are a convertible arbitrage??? They won't be covered. Ever. Geez.
>>


After reviewing a couple of days worth of APM and RDRT posts I am starting to understand why we need to be concerned about this bubble. Just got back from Penang. No news, no breakthroughs, no nothing. This isn't dead money. Its stupid money.

Best,
Stitch