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.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Rick C. who wrote (2407)	12/22/1997 5:47:00 PM
From: Bosco	Read Replies (2) \| Respond to of 37387

everyone - how are things? Has anyone heard from Crossy? Clueless that I am, a couple of GTCs I ve left (and forgotten) in my acct got executed. Today, I ve to call my broker to clean out the remainder of the GTC <duh!> rgds Bosco (hoping 1997 would go away tomorrow <vbsg>)

To: Rick C. who wrote (2407)	12/23/1997 9:59:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 37387

Rick, I would not go with LEAPS put on any of the high techs, you'll capture the main decline by buying the June or July puts. The DD are already so down, I think that you may find better candidates (for long term oputs) in the breaking networkers, meaning those that are still bouncing like CSCO, COMS, or some of the bouncing semi (MU anywhere above 24 if you can still get it) ands semi equip (AMAT and LRCX have bounced into resistance). Zeev

To: Rick C. who wrote (2407)	12/23/1997 11:05:00 PM
From: Crossy	Read Replies (1) \| Respond to of 37387

Dear Rick, this saying "DD = obsolete tech" is something that's being touted for 10 years right now. In fact, I'm quite tired of hearing it. Current problems are not due to technology obsoletion but because of overcapacity. Marginal players were sent out of biznes (Micropolis etc.), even the goliaths had to cut back on production (SEG !). Harddisc alternatives: Magneto-Optical solutions (Fujitsu, Seiko), ZIp-drives (Iomega), Syquest line (SYQT), Bubble memory, CD-Writable, DVD writeable etc. But beware. DD companies are not sleeping either. Expect GMR discs and some other gizmos to hit the market in 1999. Should provide up to 40GB of storage. And You can imagine that many DD companies have already their foothold in the door. In fact I believe that MR will be the big-hit this time. Companies like RDRT and QNTM should fare very well this quarter. WDC did the right thing to quit the laptop biz and concentrate on desktop MR where they are gaining market share since a couple of years, which should cushion their risk/reward situation by a big amount. SEG is a turnaround candidate and the most risky play in the sector for now (IMHO). APM is the clear laggard, small on tech leading edge, but there*s a saying that leading edge in tech is bleeding edge. If they completed their transition to MR, they could be a 100% appreciation candidate in quite a shourt amount of time. My conclusion, don't risk leap puts in the DD sector. What is more, they are FAVOURABLY impacted by Asian currency depreciation and woes since they got their factories there (Malaysia, Philipines, Singapore etc.). So they could even outperform other tech sectors (Chips p.e.) over the intermediate term... nest wishes CROSSY