Western Digital (WDC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Western Digital (WDC)

WDC 181.95

+7.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: buyhiman who wrote (7362)	11/11/1997 3:34:00 AM
From: Frank P. Pearson	Read Replies (1) of 11057

Do yourself a favor and don't use p/e as your guide for buying this or any stock. It's fundamentals, Market sentiment(though many will disagree with this), and what the competitors are doing. Boxmakers want to put out cheaper machines(<$1000). Where do you think they're going to get the cuts at? They want their margins to remain as high as possible. At this point the DD makers are looking to be recognized as being #1 or as close as possible, ie Seagate then WDC. At this point it's going to be cutthroat as to who is willing to be the most aggressive and you've got to remember that others out there are willing to cut prices and dump if they have to. This is going to be a big transition time and only the strong will survive. But surviving will probably be at a price of making a lot less money. Just look at Micron and you'll see a similar scenario with the chipmakers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next