Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 155.47

-4.3%

2:04 PM EST

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To: Sarmad Y. Hermiz who wrote (8972)	1/14/2001 2:29:30 PM
From: Yogi - Paul	Read Replies (1) of 9256

Sarmand, << It was insane to be positive on the dot.coms in Feb 00, and it would be more insane to bet against the storage sector (including disk drives) now. >> Historically true but in Feb '00 the market believed .com was the second coming. March came and reality struck. I'm certainly not betting against the storage sector right now but I have seriously slashed my exposure to EMC and have not added to a minor position in Veritas since mid-2000. Maxtor, WDC, RDRT, HTCH gotta show me something before I do anything more than trade them. The fact that Seagate is private (for now) certainly doesn't mean that their production capacity has been curtailed. I would like to hear from someone positive on the future performance of the disk drive stocks that is not basing their optimism purely on inevitability (Greater unit demand = higher stock price). Then again, I'm so negative I sold 90% of my GE last quarter, Paul

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