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To: Steve Research who wrote (6719)1/21/1999 10:01:00 PM
From: Steve Rolfe  Respond to of 7841
 
Maxtor beats earnings by .19 (.31 actual vs .12 est.)
maxtor.com

Also had coverage initiated on it today:
biz.yahoo.com

This should give the sector a nice lift.

(sorry for the double post - I posted it as a reply to an old message the first time)



To: Steve Research who wrote (6719)1/22/1999 3:42:00 AM
From: William Epstein  Read Replies (1) | Respond to of 7841
 
Steve Research;

The close today indicates the stock is too weak, at the moment, to turn around. We will probably see it drop further. If so, this is the sell off after the earnings announcement that always seems to occur in this stock. Many of us have seen it before and remarked about its speed and distance. It could be as much as 10 pts. below its high of 44 1/2. I mentioned about 2 weeks ago that there was another opportunity coming up, to purchase calls. Probably, Feb or March. If this is the kind of drop expected, then the bottom will be marked by a big drop accompanied by very heavy turnaround volume. Look for it.
PHOTOMAN