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Technology Stocks : Seagate Technology - Fundamentals
STX 378.41+5.7%2:21 PM EST

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To: Mark Madden who wrote (1439)3/16/2000 8:35:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 1989
 
>> However, they are mostly not ready to stick their neck out and say how good until see what happens in these final few weeks.
<<

Mark, you're so cautious. Yesterday Maxtor stuck its neck out, just to keep our spirits up.

home.snap.com

If the NASDAQ wasn't in its long-expected crash mode, I'd say we're heading to triple digits in DD stocks. Now I think we'll have to weather the swoon in all the silly stocks, and probably wait a couple of quarters for the 10x reward.

Regarding Maxtor specificly, the average forecast still is -0.27 for this Q, and -0.49 for this year. With 3 smart analysts each of them rating it "hold". So far it is up over 100% from the low.

Regards,
-Sarmad
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