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: Z Analyzer who wrote (2054)	1/4/1998 2:53:00 PM
From: LoLoLoLita	Read Replies (2) \| Respond to of 9256

I've been in and out of APM, HMTT, INVX, QNTM, RDRT, SEG, and WDC in the past year. Based on their charts, especially the buying last week, it looks like the dish drives have hit bottom and are, finally!, going up. WDC looks especially good, with a very nice Rounded Bottom, and the Money Flow indicator (at www.bigcharts.com) lower than it was last June (just before the WDC climb up to 50). Does anyone else concur? If so, which companies should do the best this year, and why? David P.S. I know the fundamentals suck; and, except for QNTM, the ANALs say these are pretty much all dogs. But sometimes you can make big money getting in before everyone else does. QNTM, SEG, and WDC are nowhere near having going-out-of-business sales.

To: Z Analyzer who wrote (2054)	1/5/1998 9:18:00 AM
From: Pierre-X	Read Replies (1) \| Respond to of 9256

Re: Industry cutbacks This seems like a classic busted cartel situation (except that the cartel never existed in the first place <g>) where the discipline of a few members only helps the opportunistic. I like your peace pipe metaphor. <g> It's very apropos to what's going on -- seems like IBM and Maxtor are out for blood. I'm not long any of these guys yet, still awaiting definitive demand growth indicators. The double whammy of falling PC ASPs and curbed growth overseas has created a pretty huge bust situation, and I don't the think fat lady has sung yet ... PX