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Technology Stocks : Western Digital (WDC)
WDC 260.19-3.4%Feb 5 4:00 PM EST
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To: Flan who wrote (10163)2/2/1999 6:05:00 PM
From: zalesky  Read Replies (2) of 11057
 
To Flan: Sure this is stunning and serious. However,
what everyone tends to forget is that WDC beat their
number for the fourth quarter!! This whole breakdown
started with their notice of additional shares being
put on the market sometime down the road. This correction
has gone way to far (15 bucks should have sufficed). I'm
no Nostradamus but I still believe this stock will
stabilize and make a run back up to 20. That's why I
suggest taking some nibbles here in the low teens to
bring your basis down. When everyone's cryin ya better
be Buyin. Good Luck and remember this company is the
Cadillac of the Disc Drive Makers!
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