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

To: Dana Breite who wrote (7749)	11/19/1997 4:18:00 PM
From: Vanni Resta	Read Replies (2) \| Respond to of 11057

Dana, Well, you are free to believe whatever you want, but your are absolutely wrong. Just look at the sequence yesterday, which I already spelled out for you clearly. 11 am: I post downward revision for SEG. Throughout the day: The smart investor gets out. 6 pm: SEG announces it will not meet expectations. Wednesday: the stock tumbles. Likwise, earlier in the fall and late summer I posted a round of downward revisions leading up to the earnings announcement. Everyone here flamed and criticized and disparaged me, in their vain attempt to cling to some shred of belief that their losing investments would recover with some good news on the earnings announcement. Do you remember what happened? Very bad earnings news was released (after,<i/> the revisions news I posted) which caused the stocks to tank, but the smart money had already fled because of my warnings. Just go back and look at the record! It is all there! I could not be more clear! Then, the same things happened a week or so ago when there was another round of downward revisions, which I published, and the stock prices then plummeted again. So the evidence clearly shows that you are absolutely wrong that revisions come afer the news and not before it. Anyway, you are free to believe what you want about reserves. But please reserve for me at least the right to decide why I do things like post news here. Happy Investing! Vanni