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


To: Vanni Resta who wrote (7752)11/19/1997 4:38:00 PM
From: CalculatedRisk  Read Replies (1) | Respond to of 11057
 
Vanni, RE: Revisions. Sometimes downward revisions do proceed bad news - but this is actually unusual and should not be relied upon by an investor.

Frequently, you see downward revisions near the bottom and upward revisions near the top. However, these are trailing indicators and should not be used as a contrarian indicator.

Although IMO you are wrong (about both revisions as indicators and WDC) - this does not mean that I'm "flaming" you. I just disagree with you.
Regards, Bill



To: Vanni Resta who wrote (7752)11/19/1997 5:33:00 PM
From: BuySide  Read Replies (1) | Respond to of 11057
 
Vanni

i'm interested in your take on QNTMs recent earnings revisions. the company seems to be at the beginning of a round of estimate reductions. Any thoughts?

Best

BuySide