Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (34210)	9/17/2001 11:20:40 AM
From: j g cordes	Respond to of 69813

Added shares of STOR to previous Could there be a larger negative hammer (I can't imagine one), to drive prices lower than the WTC disaster? Support is literally being pounded into place today. Jim

To: Suresh who wrote (34210)	9/17/2001 11:25:00 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 69813

Hi Suresh, >>I expect the recovery to be lead by storage, PC and >>security software. PC was the one sector showing some sequential growth, though very low last Q. Storage I am not so sure. Listening to the EMC presentation at the S.G. Cowen conference, they were only looking for a 20 percent year over year blended growth. Most of the real exponential growth was supposed to come from software, while they were looking for a market share war in systems. The WTC attack changes the equation a bit for storage, but it was probably be only a one or two Q event. >>Are you still on plan for your Rt. 66 trip ? The trip is currently on hold. I was supposed to leave on Saturday. At best I may leave later this week. I have to admit I am no longer in the vacation mood any more though. The early morning counter rally should start now, let's see how the market behaves.