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

To: Jeff Olson who wrote (7890)	11/29/1997 7:41:00 AM
From: Rich Goldsmith	Respond to of 11057

Jeff, Sorry, but a Money recommendation doesn't mean squat to me! About two or three years ago Money recommended CRUS when it was 24 for about the same reasons. I got out of CRUS just before it hit 20, it's now trading at 13+. Money never tracks the histories of their 'all-stars', try going back a year or two and checking out their picks. I did on six picks by an 'all-star', got 1 not bad (BKS), 3 so-sos (BIR, LPX, forgot the other, sold all at small loss/gain so just about broke even) and 2 dogs (CRUS and one other), hey, I can do that good. My 12-month target is upper 20s. Two to three year outlook is much rosier, but I don't think we will see a quick recovery from current levels. I'll stick with WDC on the buy what you use theory, if and when I ever decide to install non-WDC hdd then I get out of WDC. The one plus for now is, maybe Fidelity has finally run out of tech stocks to sell (or maybe their just waiting for prices to rise a bit before dumping more -- I'm using CPQ as my Fidelity dumping gauge). Regards, Rich