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

To: fiberman who wrote (8168)	12/11/1997 6:40:00 PM
From: Thomas Haegin	Respond to of 11057

Re: Single digits for WDC << Are we going to see single digits???? >> My guess is that we don't. If we do, it's certainly a cheap stock. It will remain to seen if it will be good one to own down there (cycle bottom in sight or not). I for now stay put. Today it hit $15. My price target to consider my next moves was $16. Since I made the mistake for not reading PX valuable insights into the DD industry (I really mean it, Pierre. Remember 1394? <g>) and jumping in too early at $21+, I will now refrain until we see some more indications of a declining supply side in the equation. The SEG plant closing sure is good news. Thomas