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Strategies & Market Trends : APMP (formerly APM)

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To: LRS who wrote (8381)11/10/1997 2:25:00 PM
From: Epics  Read Replies (3) of 13456
 
not to be obnoxious, but wake up. WDC is taking a charge to PHASE out
TFI heads. So they might sell a few heads this quarters, but Wall street likes future earnings, not the past. APM will turn it around but it could see 12-14 first. At that I would hop in. As they were mergers in banks, disk drive makers will be next so profits will be restored. But its probaly 6-9 months down the road.
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