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


To: Johnny Canuck who wrote (42210)4/1/2005 3:21:50 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 67790
 

12:15PM Disk drive stocks ride Western Digital's coattails (WDC, STX, MXO) by Rex Crum
SAN FRANCICSCO (MarketWatch) -- Disk drive stocks gained more ground Thursday afternoon as the sector's top companies followed Western Digital (WDC) north. Western Digital climbed $1.46, or more than 13 percent, to $12.63 a day after raising its current fiscal-quarter outlook due to better-than-expected demand for consumer personal computers and digital video recorders. Western Digital's main rivals also rose, with Maxtor Corp. (MXO) adding 27 cents, or more than 5 percent, to reach $5.22, and Seagate Technology (STX) up 54 cents, or almost 3 percent, to trade at $19.47.