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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Charlie who wrote (22575)1/20/1999 5:40:00 PM
From: Jenna  Read Replies (2) of 120523
 
WDC I won't pretend I think its great or a buying opportunity.. it reminds me of what happened to FORE and to AMD before it. It seems like an anticipation goes before the actual report where proponents of the stock or just shareholders are 'excited' about some upcoming news along with the report or even just a gamble that the loss is way below expectations. Once that doesn't pan out the lack of confidence is apparent. Although a good deal of this is psychological, what more do you really need to cause a stock to fall further? There are better stocks to put 17k on for the next year or so.
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