Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Shawn Heidel who wrote (8048)	12/5/1997 9:20:00 AM
From: christopher d licata	Read Replies (1) \| Respond to of 11057

i think we are currently in a territory that an ibm,seagate or quantum may look to consolidate the industry further and make a play for western. market cap is down to 1.8 billion!?cant see them staying independent especially in light of the huge consolidation of the last 5 years. hey, doesnt anybody need hard drives anymore?of course they do. this is a 2 quarter supply malaise at best before things return to normal. remember demand is fine. how could the fund managers bid this up to 54 only several months ago to crush it at the first sign of bad news. this is a well run company that has generally done most things right. i will buy every 2 weeks for the next 2 months and average in. give it 2 years and well make new highs. good luck to all.