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Technology Stocks : Western Digital (WDC)
WDC 168.90+4.9%Dec 5 3:59 PM EST

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To: Augustus Gloop who wrote (7500)11/12/1997 3:18:00 PM
From: Thomas George Warner  Read Replies (3) of 11057
 
There are 3 options not 2: 1. Hold what you have 2. Buy more 3. Sell.

The investment cycle goes from wild euphoria to utter dispair. From the sounds of all of the posts on this thread we are at the utter dispair stage where all sense of rationality is absent. Its time to buy more. Look at the fundamentals folks. 94M shares (100% of capitalization) , no debt, still highly rated by standards and poors and valueline, an excellent product etc. Read the latest reports filed with the SEC. I have been buying all the way down. This is where the real money is made by those with enough intestinal fortitude to make their own decisions and reap the benefits from those willy nillies that shouldn't have invested in the first place.
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