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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 235.74

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10:39 AM EST

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To: Stitch who wrote (4696)	10/12/1998 8:05:00 PM
From: Frodo Baxter	Read Replies (1) of 9256

>But I think he may have a point that "chaotic", as we view it, is here to stay. Nah. I'll have to agree with my alter ego. Long-term, I'd rather short today's volatility level than go long it. Reversion to the mean is a powerful force. quote.yahoo.com^VIX&d=my Note: I'll refrain from making some high-falutin point that the market is a biological system, rather than a physical one, and that therefore, the correct analogy is to punctuated equilibrium. >But I think he may have a point that "chaotic", as we view it, is here to stay. In our own little darling industry who would have guessed that we would have 2 cents a MByte today? Or the areal densities we see today? Gordon Moore >Lets face it Larry, change is still accelerating, and getting harder and harder to manage. So now what? Good stuff, go long. Bad stuff, go short. Be wary of too much stupidity or too much hubris.

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