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

To: Sam Citron who wrote (10985)	4/26/2005 10:18:13 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 11057

>> Ready to diversify? <g> Hello Sam, Not yet. STX earned 45c in q1. And expects rising earnings each quarter this year. They will likely add $1b to their already ample cash. When I find another easy to understand stock with a P/E of 10 and rising earnings, in the fastest growing segment of technology, then I'll diversify. Of course it has to be the technology leader in its industry. And the industry would have to have gone through a long consolidation phase, and progressed into an oligopoly. >> Samsung and Microsoft to 'flash' hard drives I don't know what problem is being addressed by this configuration. The stated one (reducing disk drive failure) doesn't make sense.