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Technology Stocks : Maxtor (MXTR) -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (92)2/27/1999 12:03:00 PM
From: john  Read Replies (2) | Respond to of 467
 
Dale,

I bought at 9 3/8 on Thurs and 8 3/8 on Friday. Even if earnings are down 25% the p/e is still good. This appears as an over-reaction to the drop in computer sales. Disk drive size is not going to sit still. I plan to add to my position at each $1/sh drop until it see the 52 wk low, each time buying the same quantity. This isn't a small company and high tech is going to continue to be in the forefront for sometime.

John


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