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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (49851)10/22/2012 6:10:21 PM
From: Brian Sullivan1 Recommendation  Read Replies (1) of 78958
 
WDC Update: The stock has now reversed course and is down about 5% as management on the call projected this quarter’s results below consensus. Revenue is seen in a range of $3.55 billion to $3.7 billion, below the consensus $4.14 billion, while EPS is seen in a range of $1.65 to $1.85, versus the consensus $2.44 per share.

If earnings decline to 1.75 per share for four quarters the PE ration would still be less than 5
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