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

To: Gregory Cole Brock who wrote (7330)	11/10/1997 2:21:00 PM
From: Daniel K.	Read Replies (1) \| Respond to of 11057

Western Digital Rated a Buy WDC was rated a buy this morning by a neural net stock picking program. Source: flash.net

To: Gregory Cole Brock who wrote (7330)	11/10/1997 3:34:00 PM
From: CalculatedRisk	Read Replies (3) \| Respond to of 11057

Greg, The news is bad. Price wars, Fujitsu dumping drives, $1000 PCs, OEMs moving to BTO (inventory reduction), WD late moving to MR, IBM introducing new DDs, Asian problems, severe earnings warnings (only $0.20 to $0.30 down from $0.85), analysts downgrades (from Robertson Stephens & Needham today)... But, WD has weathered these storms in the past. Their management team is intact. Their business model (outsourcing vs. vertical integration) allows them to recover quicker then their competitors. Just my type of investment <G> - I am buying. Regards, Bill