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Technology Stocks : Western Digital (WDC)

WDC 236.39

-2.8%

Jan 23 9:30 AM EST

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To: Jonathan Bird who wrote (8370)	1/3/1998 12:31:00 PM
From: hcirteg	Read Replies (1) of 11057

Jon- First let me say that I really do respect your opinion greatly. If I had a tinge of "sour grapes" it is because it has been a long, arduous trip down and Friday was just a breat of fresh air for us longs. I think the real news this week will be on Friday when our best freind SEG announces. I will be watching that stock VERY CLOSELY. If upward price action develops before the announcement this Friday then the MM's have spoken and this is a bottom. If I see any wakness in the middle of the weak in this sector...then APM is out of my Portfolio and hopefully above 11. My point here is that FOLLOW-THROUGH buying better be there this week or APM et al will all head toward the low teens(and single digits for APM). On the other hand, if we get a positive surprize or "in-line" results from SEG, this whole sector will bounce. APM and WDC report in two weeks (me thinks). One step at a time...first us longs better see some SUSTAINED buying Monday and Tuesday...otherwise i'm out until the 3rd QTR at least. Here's hoping for SEG! Thanks again for the fun debates...hope your wrong (ggg). HC

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