mr spencer
i agree. i would love to get into the dd sector. but which one:
-seagate: loves to continually disappoint
-western: becoming more like seagate, 97e @ $3.39, 98e @ $1.50-2 no eps growth. if keeps its current 9 pe, it should trade at around 15-20 for the next year(i did own it back in jun @27, sold @32)
-quantum: the caveat DLT. but for how much longer(compaq)? if fujitsu is selling at cost(?), then theres their the low-end business. and hows about ibms announcement with the gmr(giant magnetoresistive). that will impede the high-end. toooooooooo many questions.
-read-rite/applied mags-i dont think i need to go there
of those i would favor qntm, but i think the carnage isnt over yet. also with asnd, coms, sunw, apac. id love to get in, but i dont think the selling(and dont forget soon to be tax-loss selling) has ended.
i hate to make light of other peoples' grief(i too have suffered, with this dog and s3), but you should read whats going on in the asnd and qntm threads. theres definately an example of getting too emotional with one's investments.
oh yeah, you mentioned other plays. care to share?
thanks and happy investing
eugene |
