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: Gus who wrote (1377)	10/30/1997 11:25:00 AM
From: jgideon	Read Replies (1) \| Respond to of 9256

Wow, can you believe the PE's of the DD sector? P/E --- WDC 9.6 SEG 23.3 QNTM 12.8 RDRT 10.6 APM 5.8 HTCH 11.8 HMTT 11.5 (Note: these are copied from Yahoo without checking to see if their trailing EPS is accurate, which it sometimes isn't) I was lucky in that I shifted money out of WDC and APM in August (though I've held QNTM), but these PEs are mouth watering. These are at the low end of their historical levels and indicate good opportunity, unless you believe a price war is coming or serious downtrend in sales. Although the global fluctuations are worrisome, I can't forsee either of these circumstances hitting too hard. PCs are just selling too well and even Al Shugart has to buy a few holiday gifts. I suppose I could worry about margin pressure from box makers seeing their margins squeezed. Otherwise, I believe there is too much 'gloom and doom' priced into the current DD sector. With the strongest period of the year upcoming for these companies, I'm going to be a buyer. What do others think? Have we hit the lows or will there be even more kicking of a sector that is down? jg

To: Gus who wrote (1377)	10/30/1997 8:22:00 PM
From: Frodo Baxter	Read Replies (1) \| Respond to of 9256

>...the hedge funds/speculators are going to keep on launching their currency raids on one side of the Pacific and using part of their winnings on the other side to pummel a nervous and aging US bull market, not necessarily to submission, but enough to create the volatility that they can exploit. Uh, interesting theory. Too bad you're unencumbered by facts, but your usually cogent musings has drifted towards wishful thinking as of late. George Soros lost $2 billion. Victor Niederhoffer lost his shirt. Big boys took their lumps just like us small fry. You wouldn't happen to run a small Southeast Asian country, would you? p.s. And what's with the nitpicking on read channels? Sheesh... let's talk about all the beers you owe me ;)