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

To: Brian Lempel who wrote (7537)	11/12/1997 11:16:00 PM
From: Flamethrower	Read Replies (1) \| Respond to of 11057

<<I believe that fears driving the stock down are that WDC will have much lower than the the projected '98 earnings of $2.00.>> The reason I sold my position on Friday and Monday is that I think that '98 earnings will be about $1.00 making the pe about 20. I didn't like the looks of 20 so I put in the sell order as fast as I could type. I am an average Joe Sixpack kind of thinker so now you know what that sentiment is. One of the guys I work with, Joe Lunchbucket, just sold his position too. I don't see this stock making a big recovery until this price war runs its course. It's always good to know how the smart guys think but to make money trading it also pays to know how the average Joes are thinking too! ........Flamethrower........