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

To: TWICK who wrote (169)	3/6/1999 2:09:00 AM
From: Dale Baker	Respond to of 467

I don't know if I am an optimist yet, but the old resistance around 8 has held, and there shouldn't be any more "bad" news coming out if there was any at all. There is no resistance on the chart to going up again. A nice sustained tech rally should give us some lift to move back to double digits. After that, it takes patience.

To: TWICK who wrote (169)	3/6/1999 2:54:00 AM
From: DavidCG	Read Replies (1) \| Respond to of 467

I agree TWICK But the year 2000 is so far off... who knows what will happen to MXTR by then. I mean DELL "could" be a factor... but then again MXTR "could" introduce some kickass drives that increases their overall market share even moreso (as they did this in 1998) Since they DID do this in 1998, I see no reason why this positive trend would not continue through this year. As long as R&D continues to be top notch with MXTR and they keep cranking out new, great drives and people want to increase storage capacity.....MXTR should be set for a long time to come. .31 earnings last quarter for MXTR wasn't luck, people, it was a lot of hard work that is paying off in a big way for MXTR. The market recognized this in January by valuing MXTR at a high of $21.75... they just need to get rid of their temporary alzheimers. -DavidCG