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Technology Stocks : Western Digital (WDC)
WDC 175.23-0.6%1:10 PM EST

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To: Pierre-X who wrote (8070)12/5/1997 11:43:00 PM
From: Thomas George Warner  Read Replies (2) of 11057
 
Pierre I just don't see that, WDC going to $15. WDC has no debt, good product recognition, the best technical numbers in the enterprise storage business and excellent management. Valueline is now estimating earnings of $2.32 for 12 months thru 3/31/98 and with only 1/2 previous growth of 41% that puts the stock at $46/share. Can't really see it going much lower. If it does I will double my position again. I believe this is a fantastic buy at these rates.
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