James, re your first question: look into any portfolio and tell me
which stock is NOT falling today. Re the second question: WDC is down,
HMT down as well -- cost of production was cited as the reason, demand.
is still pretty high for the disk sector. Here is the opportunity for
STMD to get in. That is why I did not sell this stock today. On the
contrary, I think it is time to average down. I may be wrong, but I
saw some big volumes on the buy side. There is not much downside for this stock, that's my
Can anyone posted briefly the Dow Jones news? I have a buddy who told me to get rid of my heavy load in this stock. He said the company is to go bankrupt(sic). For sure, I read that Micropolis closed down last Monday and still don't know if it was a client of stmd. May be that is the reason for the dip.