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

To: fiberman who wrote (7162)	11/5/1997 4:41:00 PM
From: steve goldman	Read Replies (2) \| Respond to of 11057

WDC - Opened nicely but then fell. Actually, it fell far before the rest of the market pulled back. It looked like it took on some selling early on. It was the laggard of the disk drive cos today. Stock is stillunder pressure but it ishanging in there with a lot of support around 30ish. I bought 1000 at 31 1/8 and 1m at 31 for my long term portfolio. I traded out stock I had taken home yesterday for a momentum carry near the open at 32. Felt pretty comfortable buying it back at 31ish. This stock trades in a wide range and in nice big pieces. The stock was 31 1/8 bid and about three large pieces knocked it down to 30 1/2 bid. I dont know if it ever printed there, but it was bid there. Oh well, the market does not give you many opportunities to buy good companies at good prices. Plan on the stock going lower but you thereis no person ringing a bell saying "this it the bottom...this is the bottom". Regards, steve@yamner.com