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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (533)1/24/2003 3:13:53 PM
From: Jibacoa  Respond to of 1404
 
WDC Is up 12% today on volume of more than 9.4 M (It is among the only 4 companies that are on the green column today out of the 30 most actives on the NYSE.<g>

The company reported very good sales and earnings after hours yesterday.(earning were $74.4 M or $0.36/share up from $12.6 M or $0.07/share on the previous year.)

The stock had more than doubled from its Sep.23-Sep.24 double bottom at the 4.05 level to its Dec.2 H at 8.96 and found support (after the tax selling season.<g>)at 6.05 on Dec.31

siliconinvestor.com

The stock needs to close above its Dec. 2 H of 8.96

siliconinvestor.com

Once it can do that (with the help of the new dales and earnings and once the General Market improves some <g>)the stock still seems to have room to run.(The PE should now be down to around 15)

siliconinvestor.com

Bernard