Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 152.48

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11:21 AM EST

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To: LK2 who wrote (2862)	3/17/1998 2:34:00 AM
From: Frodo Baxter	Read Replies (3) of 9256

Wow, I have just read the PERFECT article. This article and accompanying sidebars detail ALL the paranoid concerns I have spouted regarding: funky accounting, outsized "one-time" charges, earnings vs cash flow, amazing ROE tricks, and why P/E is at the high end of historical range while P/B is off the charts. A MUST MUST MUST read for anyone with even the slightest qualms about the bull market, Goldilocks, the new paradigm, and exponential productivity growth. forbes.com Bonus: A boy scout badge is given to IVAC.

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