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Politics : Idea Of The Day

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To: donald sew who wrote (8893)	9/4/1997 9:13:00 AM
From: Jason W.	of 50167

Re: WDC Donald: Could be a rocky day for WDC. CNBC just reported that Morgan Stanley downgraded SEG to neutral from buy and reduced estimates from $3.42 to $2.20 for '97 and $4.58 to $3.57 for '98. Concerns still revolving around the high end disk drive market, much like last quarter. Fortunately, high end disk market is not a major part of WDC's world. Today we will find out if the market has finally figured this out from last time. If you don't mind my asking, are you holding WDC stock or options? I'm holding Oct calls which I'm hoping is enuf time for WDC to recover some. Maybe Ike, Bart, Lisa or another WDC player could tell us if it might be better to roll out the calls, maybe to January? Good trading. JasonW

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