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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 140.23-8.9%Nov 20 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (7595)12/23/1999 1:05:00 PM
From: LK2  Read Replies (1) of 9256
 
Sarmad and all, thanks for the words of cheer on the drive stocks.

True, the fat lady article doesn't deal directly with disk drives, but with the semiconductor market segment for hard disk drives.

e-insite.net

But the point Stitch was making is that hard drive makers are not a growth area. For growth, you should be looking elsewhere.

Regards, and best wishes,

Larry

PS--Sarmad, I dumped APM at 25, WDC in the mid-30s (and some others). I feel for anyone who has continuously held these stocks for the last two years.

There are almost certainly going to be good trading opportunities with drive stocks, as with any other cyclical industry. Stitch wasn't implying the drive stocks are all going out of business.

PPS--My apologies to Stitch for putting all these words in his mouth. But I think they fit.
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