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

To: RichL who wrote (7423)	11/12/1997 12:18:00 AM
From: Johnathan C. Doe	Respond to of 11057

Rich, I wouldn't follow Vanni around to any picks he has, it might just be that he is the Elaine Garzarelli of WDC. He got one right and all the rest might be all wrong. I just hope that he shorted the stock. I would be cover my short about now myself. I don't see WDC going down another leg further. It might drift lower some, but it is too close to the bottom now to be playing around if you have short money in it. I would be a buyer about now cover my short position and going long. If I blow that, I would just average down from here every 5 points. You'll hit the bottom and make out like a bandit in 6 months to a year. How much return do people need in a year? I figure with the approach I outline, you will pick up at least 50% for the money invested. Just check back with me in a year or less and we will pop the champagne together.