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Technology Stocks : Full Disclosure Trading
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To: Sam Citron who wrote (9736)2/2/2005 8:53:52 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 13403
 
>> OT I notice the WDC/STX spread is widening. Any idea why?

Sam,

Actually the opposite is occurring. The spread had been approx $7, and has narrowed to $5.40 today.

Anyway, I now have a large position in stx. I'll post it in next post.

I still think wdc is better priced. Last quarter, it earned 26c (compared to stx at 29c) But the PPS is 11.60 vs 17.

Sarmad
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