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

To: Shi who wrote (7874)	11/26/1997 10:22:00 PM
From: Helios	Read Replies (2) \| Respond to of 11057

Evidence of dumping showing up in the stores. My local Best Buy is advertising a 7 gig Micropolas drive for only about $50 more than a 2.1 gig Western Digital. My copy of the ad has gone out to the trash or I would be more specific.

To: Shi who wrote (7874)	11/27/1997 12:00:00 PM
From: PeterR1700	Respond to of 11057

Shi - your questions about WDC are insightful. Unfortunately, I don't know the institutional holdings %. When I did my dd, the persuasive arguement in favor of WDC (vs. QNTM) was the apparent strong relationships WDC has/had with Dell, CPQ, IBM, GTW etc. I figured that computers were here to stay and thus dd's. Unfortunately, something must've changed because QNTM has remained fairly stable relative to the overall plunge in Seagate and WDC. That's why I'm now questioning my holdings in WDC...currently an "involuntary investor." Hindsight says that QNTM would've been the way to go. However, I don't know if many of us saw the dd plunge before it was too late. Other threaders encourage a long term hold on wDC...and I expect that's where I'm at. If you learn anything, please pass it along. Happy Gobble...Peter

To: Shi who wrote (7874)	11/27/1997 10:04:00 PM
From: Jan	Read Replies (1) \| Respond to of 11057

According to today's Wall Street Journal Interactive Edition: Institutional holding of WDC 68.44% QNTM 82.54% The Street obviously does not prefer WDC :-(

To: Shi who wrote (7874)	11/28/1997 8:18:00 AM
From: jbe	Read Replies (2) \| Respond to of 11057

Re: WDC/QNTM institutional ownership. According to Market Guide's ratio comparisons, institutional ownership for WDC and QNTM are about the same: 83.17 for WDC, 86.75 for WDC. However, when I bought WDC, I was troubled by its very (too) high institutional ownership: about 95% at that time. Looks as if the "big boys" have been dumping it heavily. Incidentally, one more advantage of QNTM (which I do NOT own) over WDC (and over just about any other company you could mention) is its extraordinarily good free cash flow (WDC's is just average). In other words, QNTM should be in a much better position to ride out the hard times. That is, if you don't consider the debt -- debt/equity 0.5 for QNTM, and 0.0 for WDC. jbe