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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: John Wang who wrote (7513)11/12/1997 8:09:00 PM
From: Chi Pan  Read Replies (1) of 11057
 
John, of course book value is not the ONLY thing, and not really a thing especially in value a high tech firm. However, when things are bad (like right now with WDC), I tend to use book value to see how low the stock price can fall. Finally, at least 2x of book is much better than a lot of other below $10 predictions.
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