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


To: Stitch who wrote (5461)2/7/1999 12:31:00 PM
From: tom pope  Read Replies (1) | Respond to of 9256
 
Stitch, I lost both my faith and my mind and covered and reversed my short in WDC. I guess I was won over by the cogency of zaleski's arguments.

I am assuming there may be a short term pop in WDC. I won't stay in very long, either way.

The sell-off has been incredible in its speed and intensity - Read-Rite on Friday touched a price 80% off its high of 10 days or so ago.

As you say, there has to be a pony in there somewhere. HTCH was battered less than the others in spite of the secondary, and it would be my WAG once this correction is over.