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

To: Johnathan C. Doe who wrote (8084)12/6/1997 4:22:00 PM
From: EyeDrMike  Read Replies (2) | Respond to of 11057
 
<<I think WDC is a single digits stock; much like Informix. Yes, apples and oranges, but the similarily is in how analysts change on a dime about the prospects. Informix had a bright future right up till March of '97 and it was getting recommendations left and right. So has WDC up until recently. >>

i think its poor form to compare WDC to IFMX, a company that, if i remember correctly, had to restate earnings for several past years, and take a 200 million dollar charge.

IFMX is not even in the same ballpark as WDC.

Mike



To: Johnathan C. Doe who wrote (8084)12/6/1997 9:06:00 PM
From: Thomas George Warner  Read Replies (3) | Respond to of 11057
 
I understand your analysis but I still think WDC is an excellent buy at this time. In the next 3-6 months the stock will double. Isn't investing wonderful in that it allows 2 persons with entirely different perspectives on a stock to crunch the numbers and than put their money where their mouth is and await the results. When someone sells a stock there has to be someone to buy it. Just rambling a long also.

good luck


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