Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 236.33

-2.9%

Jan 23 3:59 PM EST

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To: Z Analyzer who wrote (7864)	1/30/2000 9:24:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 9256

>> If they're planning to drop out, this current improvement in conditions isn't helping any. << Exactly. For a clue, I wonder what Fugitsu's financial results were this past Q. Is there any way to know? Do they publish their report in English ? I've also noticed that broker analysts have totally ignored the results from the DD makers so far. In fact as far as I know, not a single one has updated their estimates for 2000 earnings. In Zacks they are still all projecting losses for each, except SEG. I think that stocks under $10 simply do not get any respect. Which is why I also think that relying on analysts is useless at this point. They prefer to re-it YHOO as "strong buy" at 500.

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