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Technology Stocks : Western Digital (WDC)
WDC 261.68+4.5%9:38 AM EST

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To: SJSharky who wrote (8581)1/29/1998 7:50:00 PM
From: Jonathan Bird  Read Replies (2) of 11057
 
Actual P/E would decrease because of the negative earnings after one-time charges.

You got that bass ackwards.

Old P/E @ 18 with 3.17 eps = 5.68
New P/E @ 18 with 0.84 eps = 21.43

5 Yr P/E range is 4 to 28

After next qtr, unless WDC earns more then .04(Ha!), the 12 month earnings will be negative and there will be no PE.

Jon Bird
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