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


To: Mark Oliver who wrote (3484)6/3/1998 4:38:00 PM
From: appro  Read Replies (1) | Respond to of 9256
 
>>Do you think Komag news is bringing Seagate down today?<< No, Mark. The ten-minute charts at quote.com show KMAG dropped to 8 on the open and stayed in that area. SEG and others seemed not to react negatively at all...until end of day when the broader market took a dive. Aside: I guess when the big guys plunge into the deep end the flotsam pops up. Only way I can explain strength in APM and RDRT. Go figure.

Also see William Wang post of DJ article re lack of reaction in dd sector to KMAG warning. exchange2000.com

And check out Dave Luken link to Insider Buying article: exchange2000.com