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Technology Stocks : Western Digital (WDC)
WDC 162.74-0.5%2:24 PM EST
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To: Shi who wrote (7931)12/2/1997 6:03:00 PM
From: Paul Mathis   of 11057
 
Interesting... The announce a 90 million charge and the market cap decreased by ~160 million. Seems like an over-reaction. Especially given the companies access to retail channels and corporate acceptance of the brand which bodes well for the server side business they are going after.

I see it as a buy, but I am looking at holding 12 to 18 months.

I like the prospects going forward. The price is hard to argue with.

Regards
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