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Politics : Idea Of The Day
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To: Nancy who wrote (15621)12/16/1997 11:41:00 AM
From: Gaston Teran  Read Replies (1) of 50167
 
>Regarding WDC: Dont be fooled by trailing p/e. The sad truth is they will just breakeven for 1997 and may lose money in 1998. here goes your positive p/e.<

You're right. So I guess one has to go and examine WDC capatilization and worth to try to estimate a bottom. Although the sector sucks, WDC makes fine products and has a strong customer following which seems to tell me they will regain their profitability in a year or so. But it's tough to tell in the disk drive sector nowadays.

Gaston
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