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


To: Jeff Mills who wrote (7288)11/9/1997 2:19:00 AM
From: Thomas George Warner  Read Replies (2) | Respond to of 11057
 
If you are a computer whiz than you know the reason for the drop in WDC price. they have been dumping DD for the last several months, and you can now buy a WD 3.1 G drive for under $200. they are ramping up for intensive run at the enterprise market and I believe they are already delivering their 9.1G drives and will be in full production by 1/98.

Sounds to me like WD is trying to increase their market share and if true we should see a dramatic rise in their stock shortly. Can anyone tell me of another stock on either eschange with better PEG or fundementals????.



To: Jeff Mills who wrote (7288)11/9/1997 11:42:00 AM
From: Madhava Rao  Respond to of 11057
 
"...cold comfort for Western Digital holders.
When price pressures level off, though, Western Digital will be able to profit from that condition more quickly and will be better able to get shareholder return going in the right direction."

fool.com

Hang-in there!



To: Jeff Mills who wrote (7288)11/9/1997 11:46:00 AM
From: Paul Reuben  Read Replies (1) | Respond to of 11057
 
In case anyone hasn't seen this one:

cbs.marketwatch.com



To: Jeff Mills who wrote (7288)11/9/1997 2:49:00 PM
From: blankmind  Read Replies (1) | Respond to of 11057
 
-- A few years ago, the airlines were all predicted to go bankrupt due to pricing competition. Then the airlines wised up; maintained prices; and it's one of the most profitable sectors.

-- Before that, it was the steel companies. Before that, the car companies. But in the end, these larger companies always come back stronger than ever. And, yes, there will be shakeouts and mergers along the way.

-- My point: the dd players will come back. WDC, with its high $11 book value and billions of dollars in sales, will help lead the way.

Out.