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Technology Stocks : Western Digital (WDC)

WDC 187.18

+2.9%

Dec 11 3:59 PM EST

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To: Napoleon007 who wrote (7344)	11/11/1997 3:23:00 AM
From: Frank P. Pearson	Read Replies (1) of 11057

I can tell you what his opinion is now. He's out of applied magnetics and is now telling people to wait for the "falling knight" to settle. He didn't say but I'd bet a bunch that he has been selling all the way down. He's a shifty one. I sat next to one of his 100K clients at the seminar. In order for him to manage your account directly you have to give Klein 100K and complete control of the account. According to this person the only control you have is by stating what your objectives are ie. short, mid or long term holder, which will dictate when he buys and sells. Bottom line: as of Friday, this guys 100k is now 75K. OUCH!!!!!!!!!!!!! Though I think Klein puts out a great deal of useful info, I hear him talking out of both sides of his mouth frequently. 2nd bottom line: low P/e means absolutely nothing and you better be able to see through the forest as you stated. before

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