SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Duncan who wrote (10468)8/22/1999 10:26:00 AM
From: Softechie  Read Replies (1) | Respond to of 11057
 
Bob, Monday will be the critical test for WDC. Is it real or dud. Based on the massive volume in past 6 days. I would say the sector is getting warm again. Not that much of dummies out there and I could be wrong. Panic sellers, profit takers, and Friday sell off didn't help.

Buyout by IBM is dead. WDC needed cash and sold 2M shares for it. In short it's dangerous time and better watch your steps. I got it because 3.50 was just too cheap for 2.8B company. I'm totally out at 7. I'm not sure at this point but will watch closely on Monday and watch others like MXTR HDD RDRT HMTT SEG and see how they do. If they're recoverring and WDC is not then trouble. Last week WDC dragged everyone in the DD sector up. Now we wait and see. Good luck.