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To: Sam Citron who wrote (6624)	8/7/2003 5:50:31 PM
From: ALTERN8	Read Replies (1) \| Respond to of 13403

XMSR MT bot 1100 @ 10.66

To: Sam Citron who wrote (6624)	8/9/2003 9:09:48 PM
From: Sarmad Y. Hermiz	Respond to of 13403

OT >> RE: WDC >> I'm not too optimistic about ST situation because it will take some time before the benefits of the acquisition can become apparent. << Actually the benefits of the acquisition are as apparent as the noon-time sun. I think in this case there is a phenomenon of fund managers being woefully ignorant about the business and earnings prospects of the companies they speculate in. As proof of how ignorantly wdc's speculators behave, look at past crashes in the stock. In Oct '01 the stock price crashed to under 2. Three months later it had quadrupled to near 8. three months later it crashed again to under 3. Eight months after that it quadrupled again to over 13. So how can the casual speculator like us know what the professional ignoramuses will do, and how long they will keep doing it ? This pursuit might be akin to alchemy, or a wild goose chase. But lately I've been looking at the duration of an up-tick or down tick, and how many shares get traded during the interval. The theory being that if more shares are transacted on down ticks, then selling pressure is still on-going. Of course the price at the end of the day will be lower, so it gives the same result, with much less work. But after a few days of sell-off, the price just scrapes along the bottom. So one would like to estimate the chances of a second dip. And that's where I think looking at the ticks has value. Anyway, following this method, my conclusion is the sell-off in wdc is finished. And the price will recover into the 11's and 12's much sooner than you expect. With the usual caveat of "barring negative developments". Since no news is expected until Aug 27, I think a slow trend up is what the tick barometer indicates. I'm up to over 130k shares now.