Western Digital (WDC) Message Board

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Technology Stocks : Western Digital (WDC)

WDC 155.25

+2.8%

2:00 PM EST

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To: Chi Pan who wrote (8131)	12/9/1997 9:32:00 PM
From: Jeff Mills	Read Replies (4) of 11057

You know what is sad, WDC is $17 bucks and the DD cycle is about over. Typically, January marks the end of the upswing from the Fall. And typically, DD stocks tank about the first week of March or so. I think those looking to buy in here need to buy in slowly. Say 20% of a position here, 20% in about 2 weeks, etc. WDC has been good to me, as I got on about $27 and cashed out at $49. I even went short at $47, only to cover at $40. I thought I did well on the short sale. A $17 cover would have been alot better though<g>. No big rush to get in right now though IMO. WDC could spend some time working in the $15-$20 range.

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