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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 162.84

+3.2%

11:44 AM EST

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To: Mark Oliver who wrote (3105)	4/28/1998 4:04:00 PM
From: Gottfried	Read Replies (1) of 9256

Mark and all, trader Cramer of 'The street.com' bullish on WDC. [snip] First, Western Digital goes into about 20% of all personal computers, high-end to low, and is therefore in fine shape to tell us what the heck is going on out there. That's why I was heartened when WDC's Hegarty says he sees light at the end of the tunnel. What makes this seven-inch story so important, particularly as I am NOT long WDC? A couple of things. First, seasoned players know that Hegarty has been downbeat for along time, so his change of heart matters greatly. Second, PC demand, if strong -- which it is -- is a strong signal that these stocks might be the way to play the next leg up in the market. [snip] GM If you have a subscription to street.com... thestreet.com

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