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.

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

To: Sam who wrote (9166)	11/1/2002 5:13:55 PM
From: Ron M	Respond to of 9256

A bit of visibility may come from HTCH conference call on Monday. Here is site: Investor Alert Hutchinson Technology has posted a new event to its investor relations calendar: Event: Q4 2002 Hutchinson Technology Earnings Conference Call Date: 11/4/2002 5:00:00 PM ET To view Hutchinson Technology's calendar of events, click on the following link: ir.ccbn.com

To: Sam who wrote (9166)	11/4/2002 10:43:28 AM
From: Ron M	Read Replies (1) \| Respond to of 9256

Depending on one's opinion of Gilder et al, their commentary re WDC may be interpreted as either buy or sell. November 1, 2002 Memo to: Readers of the Technology Market Advisor RE: Western Digital at today's price. From Andrew Redleaf and Richard Vigilante When we recommended Western Digital on July 25 (closed at 3.09), we noted that, because of the rocky history of the disk drive industry, we did not expect to hold the stock for the very long term. At today's price, well above $6, investors who followed our call have more than doubled their money. The stock, however, is now well above historic average PE and PS ratios and trading at more than 10x book value. We have no crystal balls. It is quite possible that the stock will go higher. We remain very impressed with the company's progress, and there is more evidence all the time that WDC's decision to focus "downmarket" on IDE drives was the right one. We remain optimistic that the company's future progress will vindicate its current price. Nevertheless, "quite possible" or even "more likely than not" are not the standards we use for betting our money. If we were considering this as a new position today, we would not advise investors to enter the stock at 6 plus. Any position we would not open is a position we believe we should close.