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Strategies & Market Trends : The Rational Analyst
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To: HeyRainier who wrote (1162)6/15/1998 12:38:00 AM
From: Scott H. Davis  Read Replies (1) of 1720
 
[ADPT further] I would not recommend anything in the disk drive sector yet, but I'd be looking at signs of turn around in the sector.
On a FA and business case basis, INVX is incredibly compelling at this point. Chart looks like companies in sector that are losing money.
Priced at 14 9/16, earnings of 1.99, great technology, good management - and it continues to lose due to the bad company it keeps. Market psych has much more effect than FA sometimes, near term. Scott

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