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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: Glenn D. Rudolph who wrote (8182)	12/14/1997 6:13:00 PM
From: Johnathan C. Doe	Read Replies (1) of 11057

Glenn, based on the figures you share, they jive with my thinking that it might be best to wait 4 to 6 months before buying back into WDC. I am just wondering still if there could be a short bounce for a quickie trade, but other than that angle, it seems WDC will be dead for at least the next 4 months. It might start to move after the results of the next 2 quarters are on the table. Things might be worse though concerning the future and more downgrades might be coming. The economist don't have a handle on the global situation and are starting to revise their thinking to a more serious assessment. I think we are just at the start of this, not the end. We will have a much better idea of things in 4 months.

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