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

To: Frodo Baxter who wrote (12252)	5/9/1999
From: Donald Isenhower	Read Replies (1) \| Respond to of 12298

Lawrence, You actually read this thread still? You've frightened me badly on the disk thread where I lurk and saw that you liked QNTM as a long since I hold a long position there as well. You have attacked APM without mercy and if I had believed you instead of the APM assurances that they actually could produce MR heads in quantity (any quantity it turned out), then I would have unloaded my APM sooner and completely. I stupidly decided to hold on to 200 shares just to do it. Right now I don't see any facts that would contradict your opinion on APM. The amount of their sales are so small now that I wonder why they didn't just sell out six months ago before they spent the cash they had. Your time-line certainly looks reasonable looking at their cash on hand for continuing operations with unbelievably low sales. OK, I lost a chance to unload my APM still at a profit by not listening to you before, so now I hope that I do better since I discover I now agree with you on APM and QNTM! Just please don't flame me by making excerpts from my gullible APM comments two years ago.... <gg> Donald