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


To: Dave who wrote (122)3/4/1999 2:44:00 PM
From: DavidCG  Read Replies (1) | Respond to of 467
 
Ya, just remember that folks... MXTR is an OEM for IBM!

How this news negatively impacts MXTR so harshly.. I just can not fathom.

But that is the nature of stocks... they always go lower than you thought they could.. and higher than you thought they would.

Irrationality on both sides of the extremes.

People will probably read this thread a year from now.. and I hope they don't say ..."Wow.. that idiot bought MXTR from $7.60 - $9.25"

I hope they say "I wish I was smart enough to buy back then"

Guess I can wait 52 weeks for history to judge. Heh.

-DavidCG




To: Dave who wrote (122)3/4/1999 5:11:00 PM
From: bevman  Respond to of 467
 
Interesting that both Dell and IBM have been MAJOR customers. The possible good aspect of that is that IBM has not in the past made products competitive to Maxtor's. The risk may be that IBM may now see the "critical mass", with Dell as a customer, to develop/extend downwards with their disk storage line. Any thoughts?