Yogi,
<<Suggest you address the question to Stitch, Mark, Jon Bird, Mark Oliver, tom pope, Tom and many others on DD sector thread.>>
Don't have anyone ask me Yogi. I totally missed the January through recent rally and only recently began to buy. I'm in at 27, 25 and am looking to add per RLM's plan. I do belive in a "U" shaped recovery (versus a "V" shaped one) and will continue to accumulate for a longer term. My sense of timing is terrible however. In mitigation the whole tech sector is getting hammered by fears of interest rates rising, Asia concerns, etc etc blah blah blah. But we will start to see financial performance from Seagate again. They have gone a long way to streamlining their operations and we have yet to see the results of the strong dollar on operations expense which will become more apparent in their next report. Finally, Seagate's cash reserves and recent recovery in the high end bode well. I still have confidence but am kicking myself for the really lousy market timing.
best,
Stitch |
