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Technology Stocks : Maxtor (MXTR)
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To: CPAMarty who wrote (264)5/23/1999 2:31:00 PM
From: BRAVEHEART  Read Replies (1) of 467
 
Hi Marty,

Actually the Charts are looking real good.

clearstation.com

However I am still concerned about the 28 million shares which were freed up on May 10th. I would expect any large transactions to trade at a discount.

Right now the 25 day average is around $6.5. So what sort of discount might we expect to see. Given that MXTR has few problems I wouldn't expect too much of a variance. Maybe 10%. Should be interesting how this plays out.

BEST WISHES
Jeffrey
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