SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Maxtor (MXTR) -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (283)5/25/1999 12:41:00 AM
From: Eagle_Eye  Read Replies (1) | Respond to of 467
 
I believe Maxtor is undervalued. Looking at the charts, I'm betting for a return to $10/share by Sept. at the latest. They have massive manufacturing capacity, their product is very competitive in the IDE desktop market and ... most importantly for us (stock traders)... it appears the only insider to get off the boat was Hyundai. That tells me a lot about what the insiders actually believe about the future value of their holdings. Funny thing about stock prices, if enough people with enough shares believe something to be true, it actually does become true. :)