Western Digital (WDC) Message Board

STOCKTALK

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 : Western Digital (WDC)

WDC 263.35

-2.2%

11:28 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glenn D. Rudolph who wrote (8689)	2/4/1998 7:09:00 PM
From: TREND1	Read Replies (3) of 11057

Glen Let me ask you a question ! Have to charted WDC vs First Call estimates ? Well let me introduce you to what I call "The Railroad Track Theory" (1) For cycle stocks like Disk Drives, Dram, auto, steel. (2) Both stock price and earnings look like railroad tracks most of the time. (3) But at tops and bottoms...It is the stock price the leads earnings and earnings estimates. (4)WDC has made a MHH (Monthly Higher High) (5) WDC price trend is now up ! (6) You see, where earnings estimates are done by a few, maybe 20 people...stock price is moved by many people and real money (7) I have plotted this data for Micron (MU) for years. (8) Again ! It is your money ! It is your call ! (9) Now I wonder if you really asked a question (g) Larry Dudash PS: I have a FREE email on the few stocks I follow . send email to LDudash@pacbell.net

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next