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To: CPAMarty who wrote (4209)10/28/1998 9:34:00 PM
From: Geoffrey  Read Replies (1) | Respond to of 5058
 
I think ( APM ) is in real trouble. They have said that the next 2 quarters will be ugly and that MR shipments will not happen until fiscal q2. The balance sheet looks bad. Chapter 11 may be the only way to protect the 71 million in cash. Current asset $107 mill / current liabilities $ 94 mill. Several more bad qtrs and they are toast.




To: CPAMarty who wrote (4209)10/28/1998 9:45:00 PM
From: Dennis R. Duke  Respond to of 5058
 
I hung on only be the skin on my teeth. This one has been painful. Full margin investing in this market has cut me to pieces. I could use an elevator ride for my account which is less than a 1/3 of its best this year.

But we live to fight another day. I stand ready for RDRT to help me fight some more. The tide goes in and out, and its time for a change.

At least I hope so, Dennis


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