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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 179.46-1.4%10:43 AM EST

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To: Mark Oliver who wrote ()12/7/1999 9:10:00 AM
From: Sam  Read Replies (1) of 9256
 
Well, CDDD now has a market cap of roughly $675 million (about 14 million shares, trading at about 49), which is more than the market cap of HDD or WDC, about the same as Maxtor, and more than Seagate's operations are being valued at (whatever that value is--since it may be negative even after all the tax consequences of possible asset sales are taken into account, that one isn't especially difficult). Guess this "revolutionary" development which will give us a terabyte on a credit card in their second generation in a few years must be why drive stocks are being treated like bugey makers.

But before calling your broker to sell them all while you can, read the following report on the recent demo of their "product": siliconinvestor.com. Also be sure to read the article following it on the Vancouver Exchange and the two people who are promoting the stock. Vancouver sure sounds like a great city to avoid.

Best wishes,
Sam
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