SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Mark Oliver who wrote (7497)12/9/1999 6:52:00 PM
From: Sam  Respond to of 9256
 
Mark,
<<While some consider investing in the new economy foolish, can one pick a worse investment than what we've just experienced this year?>>
Well, certainly you have a point. But on the other hand, back in '96 and the first half of '97, these stocks (SEG, HDD/QNTM, and WDC, not to mention some of the component stocks like RDRT, HTCH, and even APM) were riding high, and were all among the best performing stocks on the exchanges. Obviously (now it is obvious, anyway) it was not the right time to buy them. Now you want to puke before you buy them. Where have I heard that before?

Best wishes,
Sam



To: Mark Oliver who wrote (7497)12/9/1999 11:10:00 PM
From: Big Dog  Read Replies (2) | Respond to of 9256
 
Dear Mark: Having done some DD, I feel good about MXTR. It has reduced operating costs and increased revenues. It has a strong balance sheet and products that are popular. All this during the toughest competitive period possible. Fortunately, last month, MXTR was able to raise prices on key products. Something that this sector has not seen in about two years. WDC is looking weaker and weaker. It may not survive. The demise of WDC can only help MXTR. Call me a "fool" if you want, but I believe the Year 2000 will prove to be very good for MXTR.