Stock bull,
I believe SEG has understood for a long time they couldn't dominate
hard drives forever. It's called capitalism, although Intc and Msft
could make one wonder. As Ibm, they're shifting stronger to the
software market, especially high end disk systems. I wouldn't be
suprised if these revenues upside analyst's expectations. If not, I
double my position below 30, and ride out the enevitable long term
position. In all the downgrades I've read, never once is mentioned
they're software position. Last press release I read, they can now store
2.5 gig of data on 250 meg with access time improvement. It was
about a month ago on AOL news by ticker. Don't know the original
release. I don't like holding that long, but I keep the faith. $10b companies can fix their problems. I've seen T.I. do it twice. When it's
finally fixed, it explodes. T.I.'s latest was dumping the government
and committing to semi's. Who needs missles in peacetime. What's
a semi doing in the missle business anyway. Oops, rambling!
Later Larry
Larry |
