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Technology Stocks : Western Digital (WDC)
WDC 157.75+1.5%Nov 26 3:59 PM EST

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To: Thomas Haegin who wrote (7915)12/2/1997 2:56:00 PM
From: Pierre-X  Read Replies (2) of 11057
 
Re: HWP exit; Entry price

You're right about HWP quitting the DD biz. However that was before the latest downturn in the industry so I think of it as sort of a past era. <g>

Peter Lynch is fond of saying the lowest a stock can go is zero. I'll wait for the fundamentals to turn before taking a long position here. There may still be a big rally however -- reference the last MU run up to 60 on no fundamentals -- and the subsequent cratering again.

PX
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