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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 139.09

-0.8%

Nov 21 9:30 AM EST

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To: Stitch who wrote (5140)	1/1/1999 12:10:00 PM
From: Kevin Linder	Read Replies (1) of 9256

Stitch: Unfortunately I won't be cruising these boards that much or doing as much investment research because I just moved to western Massachusetts for a new job. I think the basic telecomunications stocks (building the internet) will be a good place to invest this year. LU and CSCO should be good companies going forward. The upcoming Y2K will slow down a lot of corporate IT spending on some software segments. Data Storage though should continue as executives worry about data integrity and price/performance makes such sense to upgrade. I think basic computer spending by consumers may slow this year because INTC must push the MN speed up to support higher CPU speeds at the same time that prices of computers are falling. IBM and DELL should do pretty good here. A couple friends are very high 9and have been for a while) on UIS. UIS is building a pretty good market in the service arena. I don't think I will be adding or changing my mix of holdings in the HDD sector. I think basic, high quality companies like DIS, MCD, GE will perform pretty well. You might also keep an eye on Caterpillar. They have weathered (succesfully) a huge number of global downturns and may recover faster than other companies if things start looking up. As a side note, you may want to keep an eye on insurance companies. There may be a disintermediation problem developing with some of these life and annuity problems. All cash value life/annuity products contain minimum interest rate guarrantees of 3-6%. If interest rates continue to fall several of these companies may begin to fall and fall rapidly. Take a look at the recent Mutual of NY IPO (MNY). They were just crawling out of a Disability Income mess and have very little Variable Life sales, so they should have a fair amount of risk to interest rate fluctuations and market conditions. (No inside information, just investment analysis). Maybe moving out here Lawrence will talk to me more often ;). Hope everyone on this thread is doing well and will have a good 1999. I have enjoyed participating in this thread and will check in from time to time. Kevin Linder

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