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Technology Stocks : Box Hill Systems -- Ignore unavailable to you. Want to Upgrade?

To: Pierre Aydin who wrote (77)	12/2/1997 11:53:00 PM
From: WAH	Respond to of 113

It looks like Box Hill is simply getting hammered by the general negative outlook in the disk storage sector. I'm hoping (as is Clam as far as I can tell) that in the long term this means buying opportunity ... but I haven't bought yet, as the bottom is hard too see right now. From the Motley Fool Evening News, 12/2/97: Disk drive maker Western Digital (NYSE: WDC) was crushed for a $1 3/4 loss to $19 3/8 after it announced that it was going to triple the size of its previously announced second quarter charge to $85-$95 million, indicating that pricing pressures are more extreme and have persisted longer than Western Digital had thought. <snip> Disk drive component suppliers fell on a negative outlook from Western Digital Corp. today. Head makers Read-Rite Corp. (Nasdaq: RDRT) lost $1 15/16 to $17 11/16 and Applied Magnetics (NYSE: APM) fell $1 3/4 to $16 1/16, flexible circuit company AdFlex Solutions (Nasdaq: AFLX) tumbled $2 3/16 to $17 11/16, and media manufacturer Komag Inc. (Nasdaq: KMAG) had $1 3/4 erased from its share price to close at $19.