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Technology Stocks : Western Digital (WDC)
WDC 282.58+8.6%Feb 6 9:30 AM EST
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To: rest42 who wrote (10160)2/2/1999 9:32:00 AM
From: Stitch  Read Replies (1) of 11057
 
bob,

Thanks for the comments. I too am long GLM. But I am short WDC since 18 and 20 and am tightly stopped if we did, in fact, see the bottom. While I appreciate and understand the general sentiment of your post I didn't read anything that was a compelling argument that we have seen the bottom. Not really worth arguing the point because I am already well into my target here. I didn't cover, and have followed with stops instead, because the DD industry is still in a an extremely competitive environment with overcapacity. I see WDC as presently worst of class and expect to see its share prices reflect that. I think the street agrees. tscn.com

I have already previously listed all the reasons that I believe it so. I would welcome any objective comments on WDC that I have overlooked.

Best,
Stitch
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