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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 179.56+0.7%Dec 24 12:59 PM EST

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To: Z Analyzer who wrote (7562)12/17/1999 9:43:00 AM
From: Robert Douglas  Read Replies (2) of 9256
 
Z and all,

I think, to steal a phrase from John Templeton, that we just passed a point of maximum pessimism. Here Maxtor comes out and says that they will not lose massive sums of money this quarter but only moderate sums. The result? The stock leads the sector on a tear this morning.

Just think what will happen when (if) really good news hits this sector.
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