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To: im a survivor who wrote (8806)8/1/2001 1:28:58 PM
From: shamsaee  Respond to of 10934
 
I don't think many bought it because when I did my DD, the trading volume had dropped significantly for some time and I think the selling was exhausted. I also think the EMC warning and other storage stocks all guiding down and missing estimates combined with the bad news in the pc sector made most people give up on storage stocks.take a Look at the posters on this board as a good example compared to 6 months ago.Then again this might turn out to be a 1 day wonder.



To: im a survivor who wrote (8806)8/1/2001 2:00:28 PM
From: SecularBull  Respond to of 10934
 
I added under ten.

~SB~



To: im a survivor who wrote (8806)8/2/2001 2:11:24 AM
From: Jacob Snyder  Read Replies (2) | Respond to of 10934
 
There was low volume as we set recent lows, which is not a good sign, probably indicating it is not the final low. Very little stock changed hands at those prices. By contrast, everyone who bought from late January 2000, through January 2001, got in at prices of 50 and above. Lots and lots of volume there. It's those people you need to worry about, they will be killing rallies in this stock for a long time. People who bought in 1999 and before, and are still holding, will probably sell only in the event of a Substitution Threat, or the Second Coming (Strong Hands or Stubborn Fools).