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


To: Kenwood Sun who wrote (7936)12/2/1997 6:59:00 PM
From: Pierre-X  Respond to of 11057
 
Re: Nice Trick

You said:
WDC may be playing a trick now, by lowering earnings estimate for this quarter, the company can easily beat the street estimate in the next quarter.

<Sarcasm>
Gosh that's very clever of them. I get it now. They play a nice little trick by pushing all the estimates down and clobbering the stock price 60% so they can beat the estimate next quarter and raise the stock price 10%! Neat! And they get to make all those silly analysts look really stupid so they'll stop covering the company. Who needs coverage anyway.
</Sarcasm>

PX