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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: Jeff Mills who wrote (7122)	11/3/1997 6:44:00 PM
From: Chris Anderson	Read Replies (2) of 11057

Jeff, the selling in WDC was way over done in my opinion. Still some concerns on the street regarding recent pricing pressure. This was due to some dumping of excessive inventory by rival SEG, as you perhaps are aware. Everything I have read suggests this was a short term phenomenon that should not last. Furthermore, the DD's seem to be commited to managing supply and demand more responsibly as we go forward. As to WDC'c stock price, you tell me, I can't figure it out:-( One thing about WDC, just when it seems like it is dead money, people start falling all over themselves to buy it. I am hoping this will happen in the DEC/JAN time frame. Hoping to see about $45-50 by then. Congratualtions on getting out at $50ish. Wish I had done the same. I can't complain, though, I have been in WDC a long time and done quite well with it. What is your take on WDC's stock price? Good luck, Chris

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