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

To: Tom Simpson who wrote (8260)	4/16/2000 6:55:00 PM
From: Stitch	Respond to of 9256

Tom <<Does anyone have a rational explanation for the strength in WDC these last few months? I just don't see it in the numbers and I must be missing something.>> Other then WDC seemed to be enjoying some of the recovery that was going on in the industry lately with stronger earnings and less price pressure adding up to less net loss for them. In addition keep in mind that until last week we were in a pretty gaseous market. My guess is that the rational explanation is that there was some irrational bottom fishing in hopes the sector move would lead to some short term gains. JMHO as usual. Best, Stitch