SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Read-Rite -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (3915)8/7/1998 6:43:00 PM
From: Dennis R. Duke  Respond to of 5058
 
Huh, holding on a day after a 30% plus gain day? Could that be a good thing? Especially on a summer friday, when the traders pull their dollars and usually drive the market down. The visitation of a short with a strong voice? Another sign of a bottom?

Huh, I wonder if this is about to take-off on one or many of those 9 qualification that were in process according to management in the last Conference Call?

What to do...Bought today at $7.25!!!

Count days people, (sorry, could be that I am a CFO type who knows when reports are due) last quarter's Form 10-Q will be due by Friday. You want to bet they got the covanent issue covered by then? I expect the report will be full of conservative comments, but I also expect that the banks will be happy and the debt cloud will be lifted.

I want to go back to $12, I'll take $10, by the end of next week!!!

Dennis



To: Judy who wrote (3915)8/7/1998 6:45:00 PM
From: Stitch  Read Replies (3) | Respond to of 5058
 
Judy,

I know you asked Zeev but, if you don't mind I will throw in 2 cents. IMO there is only one way you would see a good return on APM and that would be if they were bought out. There have been some rumors floating around that Samsung has rekindled an interest in the company but I now suspect that the rumor lacks merit. Samsung is a hamstrung Korean chaebol with sparse cash to go on a spending spree such as they did 3 years ago. APM's problem is systemic. They failed to convert to MR soon enough and are now playing catch up in a very unforgiving market. I just don't think a recovery is in the cards for this one. As always, you should do your own research and all the above is my humble opinion only.

Best,
Stitch