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Technology Stocks : Western Digital (WDC)

WDC 176.34

-5.8%

Dec 12 9:30 AM EST

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To: Mark T. Heath who wrote (7485)	11/12/1997 4:07:00 PM
From: Chi Pan	Read Replies (2) of 11057

I did not say SEG will sell at 2x of book. I said WDC will sell at 2x of book (= $16) Reason is SEG has a book of $14 but sell at $24 (less than 2x of book already!). WDC has higher earnings than SEG so I gave it 2x of book.

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