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Technology Stocks : Western Digital (WDC)
WDC 288.77+6.9%3:05 PM EST

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To: William L. Vu who wrote (8593)1/30/1998 12:11:00 AM
From: chichi  Read Replies (1) of 11057
 
They missed the number from the warning, and they said in cc that they will be at the higher end of loss for next two quarters estimates. This means that the stock should be down, but how much? My guess is not that much. The stock has been beaten up. They are in a cyclical business, where the industry is cutting back on production, and wdc has to be a takeover candidate at lower price levels.
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