Western Digital (WDC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Western Digital (WDC)

WDC 290.23

+7.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jonathan Bird who wrote (8632)	1/30/1998 2:53:00 PM
From: John Wang	Read Replies (1) of 11057

Jon: I am not arguing about the conference tone. It really gave people very pessimistic view. My guess is that all these law suits teach them to be very conservative in conference call. They even refused to answer directly what is the research consensus of the next two quarters. It will be more difficult for us to get update from WDC from now on. <<The huge reduction is cash reflects the tradegy that was the DEC Q and is now being covered up by trick accounting to show a + eps.>> Many analysts repeatedly asked about the breakdown of the charge. If they didn't like what they heard, and if most of them didn't believe it, it should reflect in today's stock price. I am not familiar with finance. There were two previous posts on WD charges by financial people. Their further comments on this may help clarify the issue. You can argue that WDC stock price goes up today because SEG is upgraded. But, what a timing for the upgrade right after WD's call! As stated in my post two days ago, I think that WDC stock will not move much near term. What a blinded bull! John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next