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Technology Stocks : Western Digital (WDC)
WDC 163.33+3.5%Nov 28 9:30 AM EST

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To: appro who wrote (10212)2/10/1999 5:01:00 PM
From: rest42  Read Replies (2) of 11057
 
News just in.......................................................WDC acquires Yahoo!WDC hopes yahoo will drop and its stock will rise just like the great comedy team of Diller and Davis!WDC explains it just "ran out of strategies" and in its effort to enhance shareholder value this seemed like the most prudent move it could take at the time.Yahoo it seems begged to be left alone because it had already corrected some 40% and it couldn't afford any more declines.But WDC held to its guns and announced to itself the acquisition.Upon hearing WDC's one hand clapping,Stitch immediately covered his short and the investors at SI sighed in relief.Tomorrows news....WDC sells a harddrive and ups it estimate for the next quarter.
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