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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 163.33+3.5%Nov 28 9:30 AM EST

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To: Mark Oliver who wrote (3238)5/5/1998 11:58:00 AM
From: Sam  Read Replies (1) of 9256
 
Mark,
Back in January, I bought some EMC and MTIC at around 26 and 13. Getting ready to sell the former, although it probably would also be a great long term holding. But, at 45, getting a little rich for me. I think MTIC has a good up move left in it. Estimates for the coming year are about .84; they have been beating estimates for awhile now. If they come anywhere close to .90, the stock should get a new trading range between 25 and 35 in the next 6-12 months. Small growth stock with good technology in a nice sector. Sells DLT backup systems and RAID storage systems. Stock is about 16 now.

Best,
Sam
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