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

To: American Spirit who wrote (7828)1/19/2000 8:41:00 PM
From: Ted The Technician  Respond to of 9256
 
What is the significance of today's WDC announcement?



To: American Spirit who wrote (7828)1/19/2000 10:28:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 9256
 
>>WDC has now doubled from its low. If WDC can do it so can some of these others

In all the glee, let's not forget the poor souls with 7.5 million short shares of WDC. After the pre-announcement from WDC today, I think there will be a short-covering panic rally tomorrow that should lift most of the DD stocks. Or at least that's what I hope for.


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