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

To: Sam Citron who wrote (10814)	10/16/2003 7:23:46 AM
From: Sarmad Y. Hermiz	Respond to of 11057

Sam, re Mark Miller. After his downgrade in July and after WDC dropped to 8.40, he did not then say, "OK, this drop went too far." I guess it wasn't low enough for his clients. Another curious aspect is that he does not have any estimate of WDC's earnings. Neither for the quarter, nor the year. His position is that there is too much uncertainty. Yet it galls him that the stock is moving up without his blessing. Actually, it seems wdc is the most hated stock by analysts. I think only 2 out of 12 rate it as a buy. S&P and Lehman Bros. So I find his "analysis" to be not useful. Sarmad