Disk Drive Sector Discussion Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Disk Drive Sector Discussion Forum

WDC 250.23

-10.1%

Jan 30 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LK2 who wrote (2616)	2/28/1998 9:03:00 PM
From: T Bowl	Read Replies (1) of 9256

Larry - I'm impressed. I even lost track for a while there what stocks I held and whether I was long or short in this sector. As you've noticed, I'm still actively tweaking my investment approach... It's been a tough year, but fortunately my wife doesn't allow me to play with the retirement $$$ RDRT was my first love(along with IVAC.) Bought after reading about how great the DD sector was in MM's CTSL newsletter. Thought I'd found a gold mine! Bought the stocks, lost my butt. It was about that time that I posted my famous analysis of WDC vs QNTM and got humbled by Lawrence... Man there's a lot to learn huh? I then decided I'd better learn more about the sector. Shorted APM after really learning what a position they were in. Made a bundle, but was still in love with RDRT. I'm still trying to get over her. I ended up shorting and covering successfully on APM 3 times. I think I'm better at that game than going long. All during this time I bounced around in SEG/WDC/QNTM RDRT/HMTT. Almost everything I owned was in the DD sector basically. Finally sold almost everything in early Jan and learned the comfort of diversification... I can actually sleep comfortably at night now! Still play, but my core stock holdings are a lot bigger now. The billion shares comment was a joke obviously. I just found it interesting as others did how most people will buy stocks on advice of "experts." The guy had a lot of mistakes in that article. It's fascinating to me how easily you can be mislead by these experts only to be bitten later when what you read or heard wasn't true. RDRT is far from qualing on 5 2.8GB pgms. My core portfolio contains a lot more stocks now, only QNTM in this sector. I still play a little bit to keep interested, but on a much smaller scale. 3 weeks ago I bought WDC and shorted 1/3 of the amount in APM/RDRT/HMTT. Plot the price of WDC vs those and it's been pretty nice since Jan. What I was really hoping for was an announcement of IBM buying WDC... Think about it. I still think RDRT and HMTT will be in a good position once this all works out. I jumped in a year ago to set the world on fire! I've gained a lot of respect for the work it takes to be successfull in this market. I owe a bunch to many people. todd

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next