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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 221.51-0.3%Jan 16 9:30 AM EST
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To: Ron M who wrote (8622)8/27/2000 2:21:35 PM
From: Tom Simpson  Read Replies (2) of 9256
 
Ron,
It might mean something. It is 1,452,000 shares which is about 6% which is just 1% above reporting threshold. If they went from 0 to 1.4 million here recently, that would be a major vote of confidence. If they just went from 4.9% to 6% its still nice, but would only add 240,000 shares and wouldn't hardly move the stock from 12 to 18.

There are faint echoes in my fading memory suggesting ICP was one of the big players back when Vinik made a killing on the stock. Those were the days when MR was the rat hole into which RDRT and others were stuffing large numbers of defective heads attached to perfectly good suspensions; before these stupid engineers came along to ruin our good thang. Whatever the current ICP motive is, its not the same circumstances repeating themselves.

Clearly, something is going on. What? Beats the hell out of me, but I'm expecting some kind of surprise that will move unit shipments up instead of down.

Best.....Tom
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