Thanks for all of the technical info!! it is very much appreciated at least by me, and also by many others I believe. Seems we're in for at least a little rally. Mid 6's were scary, wondering just how foolishly low people would sell it off.
Have continually come across numerous articles repeating over and over the now widely known fact that hi pe, story, and momentum tech stocks have been having their own bad bear market, while of course just a handful of giants have grown even more ludicrously priced.
Since the big cap mania has mostly run its course (cant' see it going up another 50% from here anytime soon) it would seem the market will turn our way sometime soon.
Next few weeks could prove exciting for AXC. Of course, 10K will be big news just by virtue of its coming out, and I remember AXC IR telling LJD that "no news isn't BAD news". Also, lawsuits finally underway this month, as far as I know, and the chips seem stacked in AXC's favor. Remember that it would seem at least $8-10M is at stake here, and maybe more! It seems to me the most logical that WDC will be signing up sometime relatively soon, since they need at least a 6 month window of time to prepare for teh all important 4Q sales, which Gus has reminded us is when 40% of computers are sold. |
