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 200.46

+6.8%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: steve goldman who wrote (9106)	4/21/1998 5:44:00 PM
From: steve goldman	Read Replies (3) of 11057

WDC looked great early, and then faded when market went negative late afternoon and never rallied. Nice volume early, nice pieces. The fade happened on real lite volume. Looked like early accumulation followed by a lack of interest. The real money was in box makers and drug companies today. Earnings coming up on the 27th or 29th I believe. Would expect a surge to the numbers and then perhaps a subsequent upgrade. Expect any rallies to be tempered by the knowledge that the pershare loss will be somewhat large. Where SEG only had the 2, 3 penny loss, WDCs WILL be more significant, but again, its all in the call, what guidance is given on the conference call. Would expect a subsequent upgrade as has been the case with QNTM and SEG...should be a good few months....targeting 28 in the next 6 months. Regards, Steve@yamner.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next