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


To: Tom Simpson who wrote (3566)6/9/1998 3:53:00 PM
From: Mark Oliver  Read Replies (4) | Respond to of 9256
 
Yes, I had some covered WDC calls for June that I bought back last month thinking it might turn plus what looked like absolutley huge options volume which I had thought was bullish.

Well, it was down everyday since til it bottomed here around 15. Where does WDC go from here? Seems cheap. WDC bulls are probably waiting for any positive comment to jump back in. I think an upgrade would be a self fulfilling prophecy. Still waiting for that merger in storage?

Looking at Maxtor and what they need to do, a lift in WDC would help. We'll see.

Regards,

Mark