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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 162.18+1.3%11:09 AM EST

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To: Tom Simpson who wrote (9114)4/18/2002 9:09:47 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 9256
 
>> the pumper dumper crowd at yahoo

Actually, if you make liberal use of the "ignore" feature, you can hi-pass useful info. My problem now is I've exhausted the 100 name limit they allow on the ignore list.

The reaction to the IBM/Hitachi news the past two days is puzzling to me. (and incidentally, turned out quite profitable, though stomach churning).

First, WDC gapped up and continued up to 7.48. Then it dropped yesterday, and kept going down today to 6.90. Then just as suddenly, it reversed upwards and closed at 7.49.

All that with no additional news. Needless to say, I sold yesterday at 7.48, bought back in today at 7.01, then sold at the end of the day at 7.48 again.

Sometimes the blind squirrel finds the nut, as they say.

I think the disk drives are safe to invest in, again.

Regards,

Sarmad
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