Sam, I like your logic. I agree that the fatigue of being wrong about the last correction and the feeling that our fallen hero's aren't going to shine again has left us all ready to look for other sectors. Also, I think you are right when saying it is a question of finding the energy to look for a new sector and learn the ropes all over again. I'm also not ready to abandon the work I've done with storage. I also hold some Quantum and unfortunately WDC, which I will wait and see.
When I started this thread, I had a thought that storage was small enough that maybe we could pull together and see the big picture. I think we had (have) a pretty good thread going and I felt like I really knew something from all the great contribution. In fact, I did make some money.
Now, things have taken a turn. Storage is out of favor. The notion that "things have changed" and PE's deserve to go higher because business practice are more stable was just a bunch of baloney.
Well, don't get depressed. There will come a day like you say, when these companies regain some value. There may be a dip before the gain, but there is certainly some interesting developments coming. With greater bandwidth around the corner, new devicee using drives, and when all the sub $1000 PC's begin to want bigger hard drives. Good investigation will continue to uncover money making investments in storage.
Who do you think will win the retail space this year? It looks like Maxtor and WDC were the big winners last year. Now Maxtor has a much larger OEM presence. WDC is having transition trouble. Do you think Quantum will be able to build their retail presence and regain some OEM market share?
Anyway, glad your still contributing to the thread.
Regards,
Mark |
