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

To: Gottfried who wrote (7741)	1/8/2000 1:04:00 PM
From: Mark Madden	Read Replies (1) \| Respond to of 9256

Here is a weekend report on disk drive pricing from a sample of retail distributor drives. The drives include 313 samples from 6 different distributors. Disk drive pricing remained stable last week. The weighted average desktop drive price dropped 0.2% last week. The average price of drives less than 11 gb remained even at 0.0%. The average price of drives between 11 and 21 gb dropped 0.4%. The average price of drives over 21 gb dropped 0.3%. The average SCSI drive (enterprise) remained even at 0.0%. Only 29 desktop drives changed in price of the 199 drives sampled. Eleven drives raised in price while 18 drives dropped in price. Last quarter the average weighted monthly price drop was 1.5% for desktop drives. The average monthly price drop was 2.7% for enterprise drives. We have yet to see the seasonal price drop that normally occurs at the end of the 4th calendar quarter. Regards, Mark

To: Gottfried who wrote (7741)	1/8/2000 2:10:00 PM
From: Sarmad Y. Hermiz	Respond to of 9256

>> Big Charts shows % short interest Thanks. It looks like there is still approx 8 million shares of WDC to cover. Maybe that will happen on the jump from 8 to 12 (hopefully next week). As everyone should know, WDC private placed approx 4 million shares since November priced at $3 3/4. Those people now have a 50% profit. I wonder at which point they'll take profit. Perhaps at 100%. That'll be at $7.5/share. And that is a technical resistance point, anyway. So, if the stock goes above $8, then I think it will be considered a breakout, and will very likely proceed to 10 or 12. This is my script for WDC. I hope the market is paying attention. -Sarmad