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Technology Stocks : Western Digital (WDC)
WDC 169.81+0.5%Dec 8 3:59 PM EST

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To: Vanni Resta who wrote (7711)11/18/1997 8:37:00 PM
From: CalculatedRisk   of 11057
 
Vanni, <off topic> First, hopefully I have never been rude to you!

Second, I have experienced the same fate (negative reception) when I have posted that various tech stocks might be overvalued. It is true that most people are not receptive to bad news. BTW, downward revisions are a "trailing indicator" and are (IMO) worthless for investing. SEG's earnings warning is bad news (expected or not) for the DD sector.

Third, I never recommend a stock - other than to say I am long or short. (Yes, I routinely short stocks). I only post on threads were I have a position or intend (at the right price) to take a position. Otherwise, what is the point?

Fourth, I will admit a bias towards WDC. This stock has been very good to me <G>! Also one of WDC top executives is a good personal friend of mine (We NEVER discuss WDC's prospects - no insider trading problems for me).

Best of luck to you,
Bill
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