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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (140899)12/8/2001 7:08:40 PM
From: TGPTNDR  Read Replies (3) | Respond to of 1586540
 
AAH, Yes, Western Digital. I've been looking over WDC for several years.And every time I look I say no.

They had a good name in the hard drive business once,and still do with some, but they've had some quality problems -- or so I've heard.

I've been buying Maxtor, IBM and Seagate drives(But not the stock). MXO actually looks to me to be the better/buy in hard drive manufacturers by my parameters(Debt/Equity = .28 && Price/Book = 1.5 ) vs WDC (D/E = 4.12 && P/B == 37 ), though I'll grant that WDC has the momentum at the moment..

Having said that, I'll add that in the storage line I bought small quantities of EMC and NTAP during late September-- not because they looked good to me, just because they were so darned cheap.

Whey you say Actually, from a technicians point of view, most downtrend lines have been broken but I understand what you mean.

I'll agree with you from a draw a line on a chart point of view. From my point of view we may have over-corrected the 9-11 reaction. It looks like Afghanistan is going OK. Earnings Pre-Announcements haven't started coming in yet. The long bond is dropping in price again(interest rates going up). There's a lot that can go wrong right now. Not saying it will, but I'm not comfortable. Plus Rukeyser took Friday off and you know what happens when he does that!

tgptndr