Western Digital (WDC) Message Board

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Technology Stocks : Western Digital (WDC)

WDC 273.60

+4.1%

Feb 11 3:59 PM EST

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To: TREND1 who wrote (8779)	2/15/1998 8:08:00 PM
From: shane forbes	Read Replies (2) of 11057

Did not! I said "if business" picked up at the downstream companies. If I recall their earnings releases for the Dec. Q. just ended they said they did not see business picking up this Q. If things go according to plan there may be a pickup in mid-to-late Q2 for the downstream companies. --- What any one can do is call the companies and ask them. I have other cyclicals (semiconductors) and if I'm bored I just call them and ask them "how's business guys!". Not as easy with semiconductors because of the bigger markets they serve but should be easier with the hard-drive companies and particularly their component suppliers since the market has such a few players and it's therefore not difficult to uncover any upturn in business conditions. --- I bought because of the 400 million offering in convertible debt. Figured that this means WDC has a cushion to prevent them from going out of business if things got that bad. Besides I took it as a vote of confidence in the company that they were able to raise the amount offered from 275 to 400 million. 400 million Presidents like WDC. That must count for something.... ---

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