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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 174.38+1.4%2:33 PM EST
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To: LK2 who wrote (4284)8/31/1998 2:55:00 PM
From: Gottfried  Read Replies (2) of 9256
 
Larry, I liked your humble opinion. You said >you have almost no idea how far down the first bottom is going to be.<

Just look at the oil service sector! When stock prices of most
companies were TWICE what they are today (except for SLB), many
on the drillers' thread (including me) thought surely the bottom
must be near. We had so many false bottom predictions on that
thread (by knowledgeable investors), that now they've been outlawed. :)

Gottfried

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