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 155.64

-2.7%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vanni Resta who wrote (7558)	11/13/1997 11:52:00 AM
From: Ali Khaman	Read Replies (1) of 11057

RE>>Even today, the downward revisions just keep coming. These are some mega revisions.This is not a good sign at all. << This is not new news....The company itself downwardly revised earnings in a major way...did you expect some analysts/brokerage houses to keep their estimates at $3.50? The bad news was out at the WDC announcement, the rest is just the delay for analysts to double-check the number with their own before taking an offical stand. Some are slower than others, but no matter...they a just parrots repeating the same message we already know. Just like herd-investors...some are slower to bail than others, thus the slow price drop over many days following the news.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next