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


To: ScatterShot who wrote (12261)6/1/1999 1:05:00 PM
From: Mark Adams  Read Replies (1) | Respond to of 12298
 
I don't see why they just don't buy that on the open market. We've had more than that in volume today already.

Was a time when there was a scam to tender for shares at below market on beaten down companies, but this offer is above market. The stake is small in terms of total outstanding. And the company doesn't look very viable going forward.