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

To: buyhiman who wrote (7362)	11/11/1997 3:34:00 AM
From: Frank P. Pearson	Read Replies (1) \| Respond to of 11057

Do yourself a favor and don't use p/e as your guide for buying this or any stock. It's fundamentals, Market sentiment(though many will disagree with this), and what the competitors are doing. Boxmakers want to put out cheaper machines(<$1000). Where do you think they're going to get the cuts at? They want their margins to remain as high as possible. At this point the DD makers are looking to be recognized as being #1 or as close as possible, ie Seagate then WDC. At this point it's going to be cutthroat as to who is willing to be the most aggressive and you've got to remember that others out there are willing to cut prices and dump if they have to. This is going to be a big transition time and only the strong will survive. But surviving will probably be at a price of making a lot less money. Just look at Micron and you'll see a similar scenario with the chipmakers.

To: buyhiman who wrote (7362)	11/11/1997 6:46:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 11057

Brokerage Firm Date of Last Update Recommendation PERSHING AND COMPANY 11/10/97 BUY BEAR STEARNS & CO INC 11/07/97 NEUTRAL ROBERTSON STEPHENS & CO 11/07/97 MARKET PERFORMER MONTGOMERY SECURITIES 11/01/97 HOLD PAINEWEBBER INC 10/20/97 NEUTRAL SANDS BROTHERS 10/13/97 SPECULATIVE BUY Major Broker 10/10/97 OUTPERFORM Major Broker 10/10/97 OUTPERFORM CIBC Oppenheimer Corp. 10/10/97 NOT RATED SALOMON BROTHERS INC 10/10/97 BUY HAMBRECHT & QUIST LLC 10/10/97 BUY Major Broker 10/10/97 SMITH BARNEY INC 10/09/97 BUY-MED RISK COMPANY ESTIMATE 09/30/97 N/A GRUNTAL & CO INC 09/30/97 HOLD C S FIRST BOSTON CORP 09/30/97 HOLD NEEDHAM & COMPANY INC 09/30/97 BUY SOUNDVIEW FINANCIAL GROUP 09/30/97 BUY DEUTSCHE MORGAN GRENFELL 09/30/97 ACCUMULATE