Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 168.90

+4.9%

Dec 5 9:30 AM EST

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To: John Veltheer who wrote (1372)	10/27/1997 2:38:00 PM
From: LK2	of 9256

JEV, my short career in options is over. I can't believe how much I dropped in one month (mostly in stock, with a little added zest from options). On a brighter note, I believe Greenspan is now more likely to hold off raising rates, at the moment. I doubt that he pays much attention to the disk drive sector, but if the US markets drop much further, he will be less likely to raise rates over the next month or two. As for the recent drop in the disk drive sector, it's possible the bottom has been reached. But then again, the market has a habit of fooling people. I wish all the people on this thread the best of luck. -LK I'm not saying goodbye. But I'm out of the market (or trying to get out) before I owe more than I've got.

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