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: orkrious who wrote (5293)	1/21/1999 10:54:00 PM
From: La Traguhs	Read Replies (2) \| Respond to of 9256

Sorry Jay - this was meant for Mark but I can't seem to back out of the message to correct the addressee - Hi Mark, Thanks for the "WD short" complement. Thanks to comments by folks like Stitch, I was convinced when it was at 21 that they couldn't hold it in view of the losses they were going to announce. So I've since covered and got out of WD. My target was for a quick 20% and then out if it worked as planned (I'm not a "shorter" my nature). This irrational market will drive WD back up after hearing the good news from Maxtor. (It's the old "move by association" theory) I'm not in RDRT, but from what I'm hearing, their prospects are looking good for the rest of the year. I'm told they are receiving more Seagate orders for GMR heads (I'm still trying to confirm that the orders are for or include GMR), with numbers like $15mln in sales last quarter going up to $30mln this quarter. They are working on 20 GMR drive programs at, I believe, 5 customers (now that number means they are working with everyone except IBM - ha). Perhaps Stitch might have some information here. Hey, did everyone catch the geographical shift for Maxtor from 56.9% "domestic" in the last quarter to 75.1% this quarter. That's mainly at Dell, Compaq and IBM. Tell me they didn't pick up major share in the desktop last quarter. Regards, LT