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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 176.37-5.8%Dec 12 3:59 PM EST
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To: Stitch who wrote (2595)2/27/1998 12:43:00 AM
From: Z Analyzer  Read Replies (2) of 9256
 
HTCH ain't telling the whole story. Slower TSA ramp but more so Asian competition have to have as much to do with their problems as the drive industry's production slow down to correct inventory. I'm short a small amount of HTCH but don't know at what price I would go long given the fact that their present situation cannot be adequately explained by them and it looks like a long road to just breakeven. Probably not above $18 for me.
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