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


To: Sam Citron who wrote (10807)9/23/2003 7:58:20 PM
From: Sam Citron  Read Replies (1) | Respond to of 11057
 
There it is. It has done it. And such a quiet thread, too, which I regard as bullish.



To: Sam Citron who wrote (10807)9/23/2003 8:08:25 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 11057
 
Sam, Congrats on holding this gem of a stock. My projection is for an orderly ascent to 22 in 6 quarters.

After the July CC, the stock should have been $14. But that analyst had to bail out the shorts (by the way 14 m shares were covered while the Morgan Stanley and SSb analysts were re-iterating their Sell ratings).

So let's say it starts at 14 tomorrow, we'll gain $1.25 per Q for 6 quarters. That takes us to $15.25 after the October CC, then 16.50 by year end.

I have placed at $14.10 sell order for approx 1% of my position.

Sarmad