Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 139.09

-0.8%

Nov 21 9:30 AM EST

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To: Sarmad Y. Hermiz who wrote (7572)	12/17/1999 7:19:00 PM
From: American Spirit	Read Replies (1) of 9256

January effect + DD market recovery = big profits in early 2000 for beaten-down DD stocks. I see 50% gains possible in all of the beaten-down ones. Seagate is a special case due to its internet stock investments. That too should rise, just not as much. Remember, the only reason MXTR, WDC, HDD and KMAG didn't go even farther today was tax-selling value plus lots of people who've been frustrated for so long they take any spike as opportunity to get some of their money back. Call them weak hands. I'm holding and accumulating more on all these on any dips back toward last week's levels. Last week was the bottom for this sector I believe. And there will be many more positive stories coming out as DD companies report recovery. Plus the possibilities of mergers and takeovers. What are your targets anyone for these stocks? You know these companies better than I do.

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