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


To: Vanni Resta who wrote (7711)11/18/1997 8:37:00 PM
From: CalculatedRisk  Respond to of 11057
 
Vanni, <off topic> First, hopefully I have never been rude to you!

Second, I have experienced the same fate (negative reception) when I have posted that various tech stocks might be overvalued. It is true that most people are not receptive to bad news. BTW, downward revisions are a "trailing indicator" and are (IMO) worthless for investing. SEG's earnings warning is bad news (expected or not) for the DD sector.

Third, I never recommend a stock - other than to say I am long or short. (Yes, I routinely short stocks). I only post on threads were I have a position or intend (at the right price) to take a position. Otherwise, what is the point?

Fourth, I will admit a bias towards WDC. This stock has been very good to me <G>! Also one of WDC top executives is a good personal friend of mine (We NEVER discuss WDC's prospects - no insider trading problems for me).

Best of luck to you,
Bill



To: Vanni Resta who wrote (7711)11/19/1997 1:04:00 AM
From: Doug Meetmer  Read Replies (1) | Respond to of 11057
 
<<Now, though, I always come under so much heat from rude people in these DD
threads for merely trying to help out, that I have to say this negative spirit has reduced
my desire to share investing tips, although I have some really good ones. (I recently
rode CHKPF from 23 to 42 in less than four weeks, which is not bad. And several
others are about to do the same. CHKPF in itself still has farther to go.)>>

Why would anyone listen to investing "tips" from you? Who the hell are you? If you are Peter Lynch or Warren Buffet then maybe I will
listen. I guarantee you, however, that those guys wouldn't offer any
"tips", nor would they have the time to sit around on this thread
boasting about being on the right side of a coin toss.