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Strategies & Market Trends : Value Investing
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To: Brian Sullivan who wrote (51603)5/22/2013 4:48:21 PM
From: Dennis 3   of 78671
 
WDC - I recently sold all my shares for a very nice gain. I don't see this one as undervalued anymore if looking at historical p/e p/b p/s. This is a commodity business and the pc market is not growing. They are getting to other business but buying now or holding means that you think that they can increase sales by 15-20% and keep the same margins. They have tax credits expiring in the next few years.
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