Western Digital (WDC) Message Board

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Technology Stocks : Western Digital (WDC)

WDC 168.90

+4.9%

Dec 5 9:30 AM EST

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To: Harry Stein who wrote (7359)	11/11/1997 12:47:00 AM
From: Thomas George Warner	Read Replies (1) of 11057

Would you believe that WDC has traded as low as .68 times book value in 1992 when it traded at $1./share and had book value of $1.92. so what and what is the relevance? You are buying a company with a fantastic market position, excellent growth rate, no debt and trading at a phenomenal PE. This is a temporary condition. Relax and enjoy the investment.

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