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

To: xamir who wrote (2932)	3/27/1998 5:25:00 PM
From: LK2	Read Replies (1) \| Respond to of 9256

We are approaching a bottom for disk drive sector: >>> 16:32 [FERO] FERROFLUIDICS SEES LOWER REVS AT SYS DIVISION FOR 9-12 MOS. 16:32 [FERO] FERROFLUIDICS SEES NEW PULLERS ORDER CUT TO $5.7 MLN. 16:31 [FERO] FERROFLUIDICS SAYS CUSTOMER RENEGOTIATING $9M PULLERS ORDER 16:30 [FERO] FERROFLUIDICS CITES DELIVERY RESCHEDULE TO MAJOR CHIP MAKER 16:30 [FERO] FERROFLUIDICS SEES Q3 REVS LOWER THAN ESTIMATES. 16:29 [FERO] FERROFLUIDICS SEES Q3 CHARGE TO EARNS OF $3.5 MLN. 16:29 [FERO] FERROFLUIDICS CITES SOFT CHIP MARKETS IN ASIA FOR CUTS. 16:28 [FERO] FERROFLUIDICS TO CUT SYSTEMS DIVISION SIZE ON LOWER DEMAND. <<< The more companies that report poor earnings, the closer the bottom gets. Best wishes/happy investing Larry PS: A bottom is seen only in hindsight. That's one reason Wall Street is able to make money (plus, they get all the news, and they get it first, which also helps).