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

To: Stitch who wrote (5444)	2/6/1999 7:26:00 PM
From: Sam	Read Replies (2) \| Respond to of 9256

Stitch, I wish I knew the answer to your question, "So now, is the DD sector's correction a general slide born of profit taking, fed concerns, earnings concerns, etc etc.? And is it due to recover some recently lost ground?" Frankly, WDC, RDRT, MXTR and SEG's corrections all seem warranted to me. Even HTCH and KMAG. MXTR has hardly corrected at all, SEG is still pretty normal for that stock, KMAG, RDRT and WDC still have plenty to prove, and their correction should have been steep. HTCH just had an offering, and considering their giant run of the past couple of months, their correction also hasn't been that steep, although someone who owns stock in it may of course disagree. I am puzzled by how steep QNTM's slide has been, it seems to me to warrent more repect than they have gotten. I suppose that the drive business must be seriously in question here, although perhaps some of it comes from uncertainty about how SDLT will stack up against Mammouth or future AIT offerings? Can't be LTO, as SEG virtually said in their last CC that they won't be seriously ramping for the foreseeable future. Or perhaps being in two distinct businesses of such unequal value (three if you separate DLT and ATL) just makes analysts think, "Geez, this management must be stupid if they are burying the value of DLT in the drive business, look at, e.g., STK, for a comparable value". Or maybe I am allowing the fact of owning stock in this company to obscure something really obviously negative about its prospects.

To: Stitch who wrote (5444)	2/6/1999 8:00:00 PM
From: tom pope	Read Replies (2) \| Respond to of 9256

Stitch, set your limit to 20 days back and what do you get? techstocks.com A somewhat stronger picture for SEG, no? I covered and reversed my short on WDC on Thursday , for no very rational reason other than it was s/t oversold. And I'd buy KMAG if i wasn't so chicken. For no reason that I can fathom, the DD's were the bellwethers for the current tech decline.

To: Stitch who wrote (5444)	2/6/1999 10:38:00 PM
From: Yogi - Paul	Read Replies (2) \| Respond to of 9256

Stitch, << As mentioned previously I have also bought CPCI, MTIC, ZIGO, and some GLM. I have older long positions in BBTK, ESIO, and CPQ. I averaged down on ZIGO recently.>> Ex CPQ, damaged small caps all. MTIC, ZIGO, GLM, BBTK, and CPCI all have negative 2 year returns. Got something against the big boys leading this market? Yogi