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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: zalesky who wrote (10241)3/23/1999 5:14:00 PM
From: David Harker  Read Replies (1) of 11057
 
I agree as well. On a day like today where the market
closed down in a huge, high-volume way, it is a GREAT
sign that WDC closed UP! It seems that the selling is
done = obviously, no large institution said "oh my god,
tech is tanking, dump our WDC!" - all we need now is
a buying catalyst. Eventually, one will appear.

I can hear the analysts now - "after taking a beating
for a long time, now that the PC market is turning around,
it might be time to look at the disk stocks. If they can
start to move up, they might make good value plays in the
high-tech arena... blah blah blah..."

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