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Technology Stocks : Western Digital (WDC)
WDC 174.58+1.5%Dec 16 3:59 PM EST

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To: Vanni Resta who wrote (7695)11/18/1997 12:42:00 PM
From: CalculatedRisk  Read Replies (1) of 11057
 
Vanni, Excuse me? Bad news keeps rolling in?

IMO, these estimates are great! ($1.87 for Fiscal '98 & $2.75 for '99.) This is right in line with my analysis. Based on these estimates, WDC will be selling (at a minimum) in the mid to high 30s, sometime next year.

Lets see: Invest $22 today - sell for $33 next year - a 50% return! Not exactly "dead money".

Regards, Bill
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