Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 146.75

+5.5%

9:38 AM EST

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To: Alan Hume who wrote (3003)	4/22/1998 3:50:00 PM
From: Mark Oliver	Read Replies (1) of 9256

I think people love WDC and can't believe they are down and have been waiting for any sign of a bottom. It would seem that the bottom has been tested and maybe there is mostly upside from here, or at least not too much risk. That is my guess as to why WDC would be trading up. That plus the general good market condition. Seagate and QNTM both got upgrades. Even Hutchinson got an upgrade today. So, it's probably not a bad bet that WDC will get upgraded. I've held onto my WDC shares thinking they would eventually rebound. Seems like they were the hardest hit and probably for good reason. Regards, Mark

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