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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: James Calladine who wrote (7685)1/4/2000 1:41:00 PM
From: Sarmad Y. Hermiz  Respond to of 9256
 
>> my guess would be that they look like a "safe haven" with little downside risk.

I think there is more to it than that. The volume in WDC is 4x. And with their precarious financial condition, they cannot be considered "low risk". I think this is a purposeful bet that earnings (losses) will be better than expected.