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Technology Stocks : Western Digital (WDC)
WDC 282.58+8.6%Feb 6 9:30 AM EST
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To: steve goldman who wrote (8981)3/24/1998 1:39:00 AM
From: Jay Lowe  Read Replies (1) of 11057
 
<< WDC is at 16 3/4 down from a year high of mid 50-s >>

Now, now ... be careful how you trot out that 50's number.
That seems to me to be a ridiculous valuation, which the
market adjusted.

Let's be reasonable, folks.

I see WDC around 30 within 12 months ... 30 comes with
return to modest profitability and stability ... WDC will
never see 50 again in this reality ....it's not a 3 player
game anymore.
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