Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 181.95

+7.3%

Dec 10 3:59 PM EST

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To: Sam who wrote (4092)	8/6/1998 4:49:00 PM
From: Sam	Read Replies (1) of 9256

What a day. That CHSE comment apparently sparked some pent-up interest. Soundview decided that this means some tightening. They ignored the other part of what CHSE said, that they were over plan as a result pricing "adjustments" on the part of the DD makers. If this rally is a result of that comment, it won't be long lived, IMO--unhappily. Not that I'm complaining about today's results. For the first time in a long time--probably ever--more than half of my stocks had double digit increases on the same day, and all were up. Of course, I don't want think about the depths from which they were rebounding.

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