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


To: Mark Madden who wrote (8363)5/24/2000 10:14:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 9256
 
Hi Mark,

Did you notice that all the regular posters here have deserted the DD threads. What's worse, investors have deserted the DD stocks lately also. Anyway, I just wanted to point out that analyst estimates have gone up for MXTR and HDD. MXTR is now 64c for this year, and HDD is 75c. But with the tech crash and burn, it isn't doing the stocks any good.

But if IBM is unable to fill the demand from EMC and Dell, I think this means the other DD makers must be doing allright. Yet as we see from your price survey, d-drive prices are still falling. I wonder how much of that has to do with the strength of the dollar versus Asian currencies.
I didn't think we'd ever see WDC below 5, but there it is. I bought some yesterday at 4 3/4. That has been a good point in the past. We'll see if the past repeats.

Regards,
-Sarmad