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Technology Stocks : Western Digital (WDC)
WDC 181.08+3.5%Dec 19 9:30 AM EST

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To: Robet Butkus who wrote (9209)4/28/1998 7:06:00 PM
From: still learning  Read Replies (2) of 11057
 
Maybe this is a buying oopty for you -- I guess I feel thatterm is *way* over used.

To me it is a stock getting deservedly thumped for underperforming.

A buying opportunity (in my book) is when the market as a whole tanks and many stocks get unfairly tarred with the same brush. Or it is when a sector as a whole is taken down by an individual company's woes (e.g. last year when SEG took down the DD sector even tho others had positive earns and revenues).

While the WDC CC did have some positive aspects, the company showed it is still having problems.

I don't mind bottom fishing for value stocks, but I think it's a stretch to call this a genuine buying opportunity. There's still too much uncertainty with WDC for me to jump in, whereas SEG and QNTM seem to have rounded, if not turned the corner.
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