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

To: Outer-limits who wrote (9149)	6/29/2002 6:10:30 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 9256

Outer, I am not sure, they are going to lose another $.45 to $.60 per share in the current quarter, leaving them with only $.50/share cash, and if they get unlucky (or incompetent) and the September quarter is no good like the March and June quarters were, they are out of cash. I bought myself at around $2 and doubled up at around $1.50, but I bailed out last week at $.70, I think that sub $.50 could in the cards. I may play it few times from the sub $.50 to the $.70 or so to "recover" what it "owes" me (well it really does not owe me, since I had a nice "triple bagger" on it early in 2001), but the long term possibility of failure should be kept in mind. Zeev