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

To: Mark Oliver who wrote (1800)	12/15/1997 11:27:00 AM
From: LK2	Respond to of 9256

Mark, if the storage sector outlook is currently bleak, is there any way to profit from this? What would be the best stocks to short, at this time? Are there any stocks worth holding long? I know I lost a bundle on WDC, QNTM, and APM. And almost anybody still holding any of these stocks, or just about anything in the storage sector, has either lost money, or seen their profits evaporate. Does it make sense to short any storage stocks now, or is it better to avoid the sector completely? Regards, -LK

To: Mark Oliver who wrote (1800)	12/15/1997 8:04:00 PM
From: Kurthend	Read Replies (3) \| Respond to of 9256

OFF TOPIC Mark, Keep your head high. I have never seen a message from you starting with "Gentlemen" and ending with I've lost faith. Think of it as a buying opportunity. Wait for a month or two for the smoke to clear. You can't tell me that the demand for DDs are going to dry up. The demand is still there and with IMF restrictions on Korea then maybe Samsung will dump the dd division due to unprofitability in the dd industry. This would help the supply part of the supply demand equation. Hell, I had to liquidate my IRA to pay off my called margin on INVX this morning. I will be eating macaroni for Christmas and then pay Uncle Sam my 10% penalty fee on top of the cheese-less macaroni (cheese would cost to much). You have helped over this last year and have enlightened me to many of the intricacies (that word is spelled wrong but I am too tired to look at a dictionary) of the dd industry. Keep those posts of yours coming. Kurt