SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Full Disclosure Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jan Crawley who wrote (7529)1/21/2004 8:09:24 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 13403
 
OT, re wdc

Jan, I think mxo liked Seagate's act so much, they are doing an encore. They are guiding to the lowest possible current quarter profit. So I think they'll be re-killed tomorrow. And very likely some of the blood will spill on us, too.

On an irrelevant note, I expect WDC's earnings to be approx 32c. With record-busting shipments of over 13 m drives. However, I think some analyst will still downgrade the stock. And some funds will zero out their position.

I think disk drive stocks will be out of favor for several weeks. But I am holding my larger-than-ever position. I think this is the best time in the industry in years. And eventually we'll be rewarded. Either on this earth, or (the way things are going) in the next life.

Sarmad
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext