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

To: tom pope who wrote (5448)	2/7/1999 5:24:00 AM
From: Z Analyzer	Respond to of 9256

<<For no reason that I can fathom, the DD's were the bellwethers for the current tech decline>> And then further beat up by processor price wars. Taking cost out of processors should help spur PC sales which are showing themselves to be price elastic, even in battered Asian economies. Have we even thought about what happens if the world economy begins to recover at about the same time digital VCRstake off? Could easily be wrong, but this tech correction doesn't scare me as much yet given that fundamentals are supposedly fantastic and that it should be too early in the year for either summer slow down or Y2K fears to cause major carnage. I suspect people are just choking on valuations now and starting a little negative momentum. -Z