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


To: jgideon who wrote (212)4/15/1999 2:49:00 PM
From: Ignatz  Read Replies (1) | Respond to of 467
 
thanks for posting the downgrade. EMC and MXTR were both hit hard by this. EMC will bounce back quickly I think. I'm holding MXTR through earnings as the sure seem to be executing pretty well. MXTR deserves better. With DELL and AAPL reporting no problems I think MXTR could surprise with good news. Looking for a return to double digits unless all this pc gloom keeps us down.



To: jgideon who wrote (212)4/15/1999 8:56:00 PM
From: appro  Read Replies (1) | Respond to of 467
 
I knew data storage was in a big MESS. I just did not know it was an acronym for macro-economic spending slowdown. ; )

>>NationsBanc Montgomery Securities cut its ratings on four makers of data storage equipment based on a survey that suggested a macro-economic spending slowdown associated with Year 2000 repair work.<<