Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 269.39

-7.2%

Feb 4 3:59 PM EST

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To: Pierre-X who wrote (1852)	12/20/1997 8:32:00 AM
From: xamir	Read Replies (4) of 9256

To All DD experts As a active trader, when I look at SEG on my Bloomberg machine I am seeing big blocks(50k,75k,100k and lots of 25k and 10k) of share on the ask side comes in on daily basis. looks like accumulation has started at these levels in SEG, not as much on WDC. I agree with most of the comments has said here regarding asia, but how can you explain "smart money" is accumulating SEG here at this level when there is good chance that DD Industry going to have margin problems in next 6 months or so? Korea currency is down against doller so is this means that Korea is going to produce more to make up for the differnts against doller? Korea is selling Drams below the cost. look what happen to MU. alex ps. excuse my grammer, I am not american

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