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

To: Sam who wrote (5309)	1/22/1999 5:16:00 PM
From: La Traguhs	Respond to of 9256

Sam (and Mark) Excellent questions and comments. Mark your right. All industries spend millions trying to predict the future using all manner of indicators and I'm not sure they are getting any better at it. I think Sam summed it up by saying "You put down your money, you take your chances, and you go with the flow." Who can predict what Greenspan will say (or when) or the Brazilian problems (the latest monetary crisis of the month) and then in turn figure out how that will affect disk drives. But we continue to try, and should, for who knows who will get it right for that moment in time. Right now Stitch, who continues to short WDC, has it right and his indicator is "greed" (and then there was some oblique reference to logic - however that works in this market). Stitch you did it again. As usual, I got cold feet and bailed 2 points too early. (Oh - and then I did a bright thing by buying Maxtor just prior to their dilutive offering - Dah!.) Regards, LT