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

To: manny t who wrote (12258)	6/1/1999 10:17:00 AM
From: ScatterShot	Read Replies (1) \| Respond to of 12298

Tender Offer--FYI--Here's the e-mail DLJ Direct sent me : Dear DLJdirect Investor, We are writing to advise you that GROWTH CAPITAL CORPORATION OFFERS TO PURCHASE UP TO 1,200,000 SHARES OF APPLIED MAGNETICS COMMON STOCK AT A PRICE OF $4.00 PER SHARE, NET TO THE SELLER IN CASH. SHARES WILL BE ACCEPTED ON A "FIRST-COME, FIRST-BUY" BASIS. This offering is due to expire on 06/07/99. If you wish to participate, your instructions must be received by 1:00 PM on 06/03/99. Any instructions received after that time will be entered on a "best efforts" basis. Please contact us immediately by messaging us online or by calling 1 800 825-5723 to let us know whether or not you wish to participate, or for additional information about this issue. Sincerely, Joseph P. Diaz Assistant Vice-President DLJdirect