Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 173.79

+1.0%

2:49 PM EST

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To: Robert Douglas who wrote (6791)	7/14/1999 3:25:00 PM
From: Sam	Read Replies (1) of 9256

Looks pretty indiscriminate to me, even WDC and KMAG are up (20 and 32%, respectively), on big volume, though their dollar amounts aren't so high. See techstocks.com. Someone is just throwing money at the sector. I would wonder at the staying power of this rally, especially for companies that are losing money and have poor balance sheets. Consolidation will happen, one way or another. I'm happier having the stocks with single digit percentage moves today. HTCH approaching 30 and my first buy point for the first time in months now. A nice steady march upward. And nice moves in SEG and QNTM as well.

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