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Technology Stocks : Western Digital (WDC)

WDC 163.33

+3.5%

Nov 28 9:30 AM EST

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To: Kenwood Sun who wrote (7929)	12/2/1997 5:31:00 PM
From: Shi	Read Replies (2) of 11057

This is a $10--$15 stock. Their $90 million charge is about $1. a share. They said they would probably have modest profit in FY1998. Say $.50, that is $1.50 excluding charge. Give it a PE of 10 it is worth $15. If it goes near $10 it could be a take over target, but I don't think the offer will be much higher than $15. Still need to wait. Six months maybe. shi

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