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Technology Stocks : Western Digital (WDC)

WDC 150.99

+8.6%

Nov 24 3:59 PM EST

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To: Sam who wrote (8311)	12/24/1997 10:15:00 AM
From: Pierre-X	Read Replies (1) of 11057

Re: Pierre's Theory of Cycles To: ALL Hello to all, I wish everyone the absolute best for the holidays. I've just finished the first draft of a fairly large piece about cyclical technology industries in general and DRAM and HDDs in particular. users.deltanet.com In this article I discuss: * Why these companies boom and bust * The pitfalls of industry forecasts * Elasticities of supply and demand * How you too can ride cycles for fun and profit * Formal Theory of Cycles * Examples from history * Dangers posed by competing technologies * Perpetual advance of technology * and much more! Would love to get your feedback. PX

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