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

To: Gregory Cole Brock who wrote (7216)	11/7/1997 11:53:00 AM
From: steve goldman	Read Replies (2) \| Respond to of 11057

The stock bounced nicely off the 23 range. Looked like it wanted to go back upto 25 1/2ish. Sag in the overall market has kept the stock near its lows. This smells a bit like INTC two july's ago when INTC was 50. AMD has achip, Cyrx had a chip, oracle and sun had network computers...the stock sank to 50ish....its now 152ish. For every seller today there is a buy. Today they are valuing the company at 24ish, yesterday 30ish, 34 on tuesday.....the market goes to extremes. If you own the stock at higher levels and no allocated properly, this can be damaging. Others will consider it an opportunity. The market is filled with diasters, they come often and they are difficult to avoid, which is why you want to make sure you are doing business properly. Ultimately, I reall, really like WDC at these levels and am buying some more today. I now have about 70% of the position i want and am glad to get these prices today. Strong management might shore up the pricing issues and product mix and lead this company to higher earnings. I know a lot of companies with far less earnings and even losses, with prospect not nearly as bright, trading at much higher prices. .P.S. if anyone wants to knowwhat the stock is doing (besides acting like crap) feel free to call.800.221.5676 Regards, Steve@yamner.com

To: Gregory Cole Brock who wrote (7216)	11/7/1997 12:11:00 PM
From: Z Analyzer	Read Replies (1) \| Respond to of 11057

<<However, the winner in a price war is the low cost producer and that's WDC. >> You better review your facts. Even before today, its pretty safe to say that Quantum/MKE have significantly lower costs and if SEG doesn't already, it will once its new programs ramp. Also WDC has two added problems. Yields are down which means their production costs are up and they are more concentrated in the sub 2.5 GB market where the price competition is most intense.