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Technology Stocks : Quantum Disk Drives (HDD)
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To: Carey Thompson who wrote (86)4/10/2000 10:46:00 PM
From: Mark Adams  Read Replies (1) of 179
 
Carey,

HDD has certainly done well the past few weeks. In fact, so well as to encourage me to reduce my exposure to the sector. No worries; I usually exit with 75% of the gains still on the table, and QNTM is a company capable of keeping that record intact.

The Disk Drive companies have proven an interesting play, but one very difficult for me to profit from, given the tendancy for supply to grow faster than demand. It's not often we face this situation in investing.

I hope HDD and others in the group continue to do well, as I will trade them on the way up. But I no longer have my original confidence in the groups ability to achieve the levels seen in 95-96.
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