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Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?

To: snake who wrote (10430)	8/11/1999 8:16:00 PM
From: John Ritter	Respond to of 11057

Stochastic fantastic?! I can't tell, the stock looks like it is on life support with a leaking air hose. That said 3 5/8 was my point of no return, probably heading for the 2s now that I jumped in, but who knows, never thought I would get WDC for 3s in a blue moon. Is the company worthless? Did they miss the curve? Do they get towed to the junk yard and stripped? Is there anything of value here? I don't know. No one liked NSM at 9 or CY at 7, and I don't like them in the high 20s. So where does a fool and his money go in these difficult times? Obviously not WDC, right guys? But I can't stand the stress of active trading, the nail biting tension of running a big position on the gut and the stats. Sure the money is quick if you put in the long hours of analysis and other things I do when running a position. But I am on vacation and just sipping bottom slime stocks for my gut pouch and putting these little positions away for next year while I work on my physical passtimes, like cars, boats, and home inprovements. I do all my own work that way no one learns of my secret investment strategy, buy low sell high...does this always work for me? No, but you see sometimes, yes this is my secret, I get to know when the stock is going to run, that was how I made the call on FRTE at 5...when no one knew, hee, hee. Then I take that big relaxed position and double my fun...