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


To: Sam who wrote (7930)12/2/1997 5:43:00 PM
From: Kenwood Sun  Read Replies (1) | Respond to of 11057
 
don't worry about that, penny stock might go to three digits in a week or month, too, remember this martket is getting more and more crazy!!!
Everything can happen, no rule, no logic, no fundament. The market is currently controlled entirely by people's emotion.



To: Sam who wrote (7930)12/2/1997 6:05:00 PM
From: Jimmy Chan  Read Replies (1) | Respond to of 11057
 
One is waiting for single digits, another for pennies. Sounds awfully close to a buy to me.

hehehe.. same here.. people who are talking about single digits or pennies are not being realistic. some 1 and 3/4 lost of a bad tech day with some really bad news? i sense a bottom out.. too bad i was busy the whole day... or i'll consider put in a buy order...

regardless of anything else: computer sales is growing; hard drive isn't going to be replace by other types of mass storage for at least another 5 years, and sales of hard drive will be going along with PC; there are only 3 big players left: qntm, seg, and wdc(in alphabetical order), pricing pressure WILL subside some time in the future.

for god's sake, they didn't lose money.. just didn't meet the estimate, that's all.. over all growth is still great.. don't let a few set-backs discourage you.