Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 163.15

+1.9%

12:05 PM EST

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To: Z Analyzer who wrote (9146)	6/25/2002 12:16:01 PM
From: Outer-limits	Read Replies (1) of 9256

This is part of the reason it has fallen. But I believe the REAL reason it has fallen to below 2 bucks is the fact information that it is will be kicked out of the Russell 600 got around to more than a few investors BEFORE the news came out. After the news release, many mutual fund managers who hadn't yet dumped, did so. Its not even a matter of choice for most of them: If they buy the Russell 600 they must delete anything that will be kicked out. That's why I think yesterdays' SAVAGE move down could easily have been a capitulation move for the stock. We're not going up big from here, but I believe the worst is over for this company short of Chapter 11!!!

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