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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 168.90+4.9%Dec 5 9:30 AM EST

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To: Yogi - Paul who wrote (8855)10/12/2000 1:48:25 PM
From: Gus  Read Replies (1) of 9256
 
Forget everything else but don't ever forget to invest in outstanding management for the long term.

10.7 billion profit and growing... helluva number,


If nothing else. Interesting thought: if a company like GE is even moderately successful in fundamentally changing its revenue and cost structures by carving out $12 billion in operating expenses over the next 18 months then doesn't that make a lot of its competitors highly inefficient before its time? Since a high level of inefficiency ultimately leads to overvaluation then is cheap truly cheap for reasons that may defy current conventional market wisdom?
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