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Technology Stocks : Western Digital (WDC)

WDC 174.58

+1.5%

3:59 PM EST

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To: Brian Lempel who wrote (7518)	11/12/1997 7:20:00 PM
From: Vanni Resta	Read Replies (2) of 11057

Will WDC go below $10? As you will see several days from now, if the people with the delayed reporting services care to post the revisions, WDC's estimates by many analysts have been more than halved on Monday, Tuesday, and Wednesday. Let's see, if WDC was trading at $20 when this occured, and stocks trade on earnings expectations, does this mean WDC will be trading soon at less than $10? I'd say no, because usually the cause and effect is not that direct. Happy Investing! Vanni

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