SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (10873)12/16/2003 9:02:41 PM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 11057
 
>> firm believes that WDC is one of the better-positioned co's in the HDD industry given its opportunities with mobile, enterprise SATA, gaming, PVR/DVR, potential cost savings from the Read-Rite acquisition, reasonable valuation, and a more rational industry.

Gee, with so much going for it, I wonder why in the past two months it's been cast aside like an old glove.

Hopefully institutions are all done dumping wdc. Over 200 m trading volume since the down draft started in Oct. That must mean approx 20 m shares distributed, at least. I have the feeling that we saw the last of the dumps today.