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Technology Stocks : Western Digital (WDC)
WDC 289.37+7.1%3:39 PM EST
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To: Frodo Baxter who wrote (8661)2/1/1998 4:19:00 PM
From: Jonathan Bird  Read Replies (1) of 11057
 
Okay, I'll bite. What perchance do you think you know?

That the bottom has not been realized of course. And that when it is, the bounce back isn't going to be as big as people expect.

Of course theres a guy on the QNTM thread who thinks it doesn't matter if the fundementals have bottomed out. He says the money managers have decided the stock price has hit bottom and thats that. Apparently the tail wags the dog and money managers are never wrong.

Jon Bird
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