I did take my losses last year. Thanks to that MF Haggartey, I sold my shares at 4. I had over 200 profitable trades in 1999, but thanks to the G.. damn Haggerty, whom I wish only the best that any jail, or hell can offer, wiped my entire trading profit. I had such a large position on this true Piece of Shit that still hurts thinking about it.
Disk Drive business just SUCKS!!! I used to have a lot of friends who were employed in this industry at its glory days. They used to brag about working for Conner, SEG, Maxter, HMT Technology. Hutchinson, etc. etc.etc. Most of them were either left the industry, or got laid off. A couple are still employed in the industry, actually one of them is a big shot (V.P.) over at the new Conner Technhology, Inc. with shit load of useless options!!! But his time is limited over there. As you may know, the VC pulled the plug on TeraStor, Conner is next. I live in the Bay area. Now and days, if you tell people that you work in the HDDs industry at parties, people just feel sorry for you. I will not touch this industry again. Hey even box makers, these guys' end users, are in DEEp trouble. who do you think are going to push for lower prices? All these guys can do is either go belly up and close the shops, or just bend over, grab their ankles, and SMILE ;-)
Conner is next, followed by WDC!! |