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Technology Stocks : Western Digital (WDC)

WDC 163.88

+0.4%

2:29 PM EST

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To: xamir who wrote (7712)	11/18/1997 11:02:00 PM
From: Madhava Rao	Read Replies (1) of 11057

Alex: None of the analysts had predicted the company's outlook during the last few months with any degree of accuracy. It is not until the company itself had indicated their possible earning range. These analysts are now coming with their new "earning estimates". All these guys were near unanimous of the glorious quarters ahead in their estimates of the last few months. How credible are these new estimates? Like some one said on this thread - these jokers are telling us to buy at $50 and sell at $20.

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