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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: American Spirit who wrote (7584)12/22/1999 10:49:00 AM
From: appro  Read Replies (2) of 9256
 
This enthusiastic supporter of investing in disk drives and WDC in particular made similar observations when WDC was $18. Timing is everything. Sooner or later even a broken clock will tell the right time.

He started in December, 1998 when WDC was $18:
beta.siliconinvestor.com
beta.siliconinvestor.com
beta.siliconinvestor.com
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beta.siliconinvestor.com

Saddly, he stopped posting on WDC June 14, 1999 as it closed below $7. It is currently under $4.
beta.siliconinvestor.com

Great prophets are often ahead of their time. ; )

The various zalesky messages from the index between those above are instructive as any of us can be baited into defending the indefensible. Frankly, I think the future looks bright for a diversified position in storage stocks. I like SEG, MXTR, SNDK and EMC. However, I am sitting on my pom-poms for now.

I am reminded of this quote from Sam Citron's profile:
>>To paraphrase Keynes: Investing is a beauty contest in which the investor does not get to pick who he thinks is the prettiest girl, but must select the girl that will appeal to the other judges. << Thanks, Sam.
Ref: beta.siliconinvestor.com

P.S. Since I find myself visiting SI less frequently now with my posts, I apologize in advance if I have offended anyone. I reluctantly point out someone else's public misfortune only because it helps explain why many of us may take the opposite tack preferring to play our cards closer to the vest. And perhaps more importantly it explains why every SIer must take take anything posted here with a grain of salt.
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