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


To: Sam Citron who wrote (10920)5/26/2004 5:46:23 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 11057
 
>> Nice 2% ramp in AH to HOD 9.35. Any news?

Hi Sam, it's only on 10k shares. I don't know the cause, but usually these low-volume moves do not carry through.

However, if there is now a gathering conviction that disk drive prices will not collapse, and the 15-16c forecast will be exceeded, then I think we should see 13's again soon.

By the way, I've added a few k shares in the low 8's. And have not sold a single share of the new or old batches.

Sarmad