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

To: Thomas George Warner who wrote (7657)	11/17/1997 12:21:00 AM
From: PeterR1700	Respond to of 11057

TGW - sorry for jumping in univited but I want to verify information. I bought WDC awhile back ($38) based on the reports that WDC was themajor supplier of dd's to both CPQ and DELL. Does your research back up mine? If not, that would be good to know as well. Thanks. Peter

To: Thomas George Warner who wrote (7657)	11/17/1997 12:39:00 AM
From: Frank P. Pearson	Respond to of 11057

A very interesting article. However, I think you missed a key feature regarding the tenets/fundamentals of not only the company but also the market. 1) Several times throughout the article earnings are mentioned, esp. note the last paragraph. WDC does not have a particularly impressive run over the last 3 let alone 4-5 years. Look at last quarter and the coming quarter. Bottom Line: I agree woth the article but I wouldn't say that WDC was a company that really fits the intent of the article. A much better and realistic company would be CPQ who is #1 in the WORLD! and has the earnings to prove it over and over again. They have seen a low of 58 last week after a recent high of 79-81 over the last 1-2 months. You can't argue those fundamentals, WDC on the other hand is way out there. Good Luck.

To: Thomas George Warner who wrote (7657)	11/17/1997 4:29:00 AM
From: Pierre-X	Read Replies (1) \| Respond to of 11057

Re: Delano Story Interesting story. Mostly educational for novice investors. But take it with a (big) grain of salt. For example: His real mistake was to sell something for $14 a share which a little study would have shown him was worth at least $30. This is BS. Show me the company that one can accurately value with "a little study". Outside investors would have had plenty of warning by carefully reading the quarterly earnings reports. This is even bigger BS. All businesses are complex entities in relationships with many other businesses. Suppliers, customers, suppliers to suppliers, customers of customers, competitors, potential competitors -- only someone savvy has a chance of comprehending the big picture. The little crumbs fed to investors in quarterly reports are typically boilerplate written to reveal as little as legally possible. I think it's clear that no one would have been able to see the current HDD -EARNINGS- problems by even the most intense scrutiny of quarterly reports. Sorry about the cynical post, Pierre

To: Thomas George Warner who wrote (7657)	11/17/1997 7:32:00 AM
From: Glenn D. Rudolph	Respond to of 11057

Keep investing and hope you recover everything that you lost next week. T.G.W, First, thank you. I am down 40% on APM and WDC but am not worried since I know that they are fundamentlly strong companies. I did extensive research on them before buying and the numbers have not critically changed. They will rebound soon and get even stronger. I did the same and agree 100%. I did not perserve enough capital so will come back up with fewer share than with whcih I had dropped. That is the wrist of writing naked puts. Also, thnak you for the link. I shall go read it. Glenn