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Technology Stocks : Western Digital (WDC)
WDC 214.77+0.4%1:52 PM EST
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To: fiberman who wrote (10624)8/10/2000 1:33:47 PM
From: James Calladine  Read Replies (1) of 11057
 
FIBERMAN:

Now, now, Fiberman, you are getting a little emotional here!

Just visualize you were catapulted into the CEO chair at
WDC in an industry where everybody is giving away their product at less than cost, and you are not necessarily the most cost effective competitor......? Not an easy problem to solve.

I understand your frustration if you are long WDC. I would suggest either:

-- take your losses (if you can't stand the frustration)
-- forget the disk business until you see upside movement
-- if you are still wedded to the drive business for some perverse reason, shift to a faster horse (my preference would be MXTR)

I am not presently invested in this sector because I still don't see anything but a long, dark tunnel.

Best wishes,
Jim
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