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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: Yogi - Paul who wrote (8641)8/31/2000 11:54:50 AM
From: Robert Douglas  Read Replies (1) of 9256
 
Hi Paul, Sam

Sort of off topic on HTCH.

I was wondering if this is the new SEC Full Disclosure in action?

Have you ever seen a company report a 9 week, partial quarter, number? I'm sure that before the FD regulation that this would have slipped out through the analysts with most of their privileged clients getting the gain. Instead we get this very odd announcement that sends the stock screaming. From my point of view this is good news. Almost every brokerage firm I read hates the new disclosure law but it is their ox getting gored.

From the release:

We see signs that demand for our suspension assemblies has begun to grow after several quarters of decline...

Good news indeed.
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