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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 215.00+0.5%Jan 14 3:59 PM EST

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To: Mark Madden who wrote (8303)5/1/2000 9:17:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 9256
 
>> I do not feel capable at predicting stock prices ...

Mark,

A very encouraging sign (aside from earnings and rev's) is that the DD's now ride along with the NASDAQ. Meaning that when tech stocks in general have a good day, the DD's react positively. That is such a reversal from the past 15 months when the DD stocks basically went down every day for 400 straight days. The key now is how to resist selling at each new high.

From the fact that we are not seeing posts from several people who were bullish on the DD's, I assume they sold. Which is understandable if one was looking for a 50% move. But I think there is much more than that ahead. We'll see.

Good luck,
-Sarmad
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