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

To: PeterR1700 who wrote (7160)11/5/1997 3:44:00 PM
From: marc chatman  Read Replies (2) | Respond to of 11057
 
I know it doesn't seem like much in light of the decline and the movement of other techs, but WDC bounced from low last week of 28 to 32 7/16 today. That's more than a 15% gain. The movement today seems like a logical technical reaction. Some short term profit taking. Some longer term holders who have been waiting to get out. All sorts of resistance in the 32+ range. The box makers are also giving back some of what they made yesterday.


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