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Technology Stocks : Maxtor (MXTR) -- Ignore unavailable to you. Want to Upgrade?

To: Douglas G Prettyman who wrote (383)	1/21/2000 8:43:00 AM
From: James Calladine	Read Replies (1) \| Respond to of 467

WHICH WAY FROM HERE? IF we can believe what has been presented, and MXTR is at least as effective as HDD in this destructively competitive business, THEN it is not unrealistic to look for a MXTR report that goes beyond anything that has been anticipated thus far. THEN WHAT? My expectation is that we can immediately expect a selloff in MXTR (sell on the news). The remaining shorts (and there still should be lots of them) will probably dive in on the second day to drive things further down to the lowest point they think can be achieved and then cover there. How many will hang back hoping for a reversal in the drive business after good reports from HDD and MXTR, and after such a fierce down cycle as this has been? AFTER THAT, what then? It would seem to be that that would mark the bottom of a new trend between here and next earnings. This should be UP, UP, UP! But a trend range from where to where? Anyway, this is how it looks to me.How does it look to others? Best wishes, Jim