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

To: Thomas George Warner who wrote (8189)	12/12/1997 10:42:00 PM
From: Najib Mehanna	Read Replies (5) \| Respond to of 11057

you people are just nuts i am talking about the few who want to push wdc to the single digits. jeez, let me guess. did you buy puts or are you shortening the stock? I mean, come on! the whole sector is hit now and so is the tech sector, and the disk drive makers will get their time again. why do you people even reply to such people. just ignore them! and obviously they have an interest in seeing wdc go down, otherwise they wouldn't waste time on here. later

To: Thomas George Warner who wrote (8189)	12/14/1997 6:08:00 PM
From: Johnathan C. Doe	Read Replies (1) \| Respond to of 11057

I will admit that I think WDC is pretty close to the bottom of being oversold and should bounce at least 2+ points on the first up day in the techs. Now if more bad news comes out to tank the market in a panic, WDC might lose a few more points, but we are probably close to an equilibrium price. I am starting to consider a buy at this point back into WDC. I sold off ASND and COMS the day Oracle's bad news hit. That might be a mistake, might not, but in this environment, I want to pocket any profit, especially quick profit. What I am currently watching is Oracle, EFII, CUBE, PAIR, COMS, ASND, AMAT just to name a few. At some point, seed planting will be called for. I still bet we haven't seen all the bad news for the 2nd quarter. Then I figure we will get a short bounce and then bad news on the 3rd quarter will start in. There are some longterm bargins starting to emerge. I just am not convinced that anyone sees the real impact to the global events clearly. We could be looking at the beginning of a severe correction or a bear trend that might last most of '98. For now, I am not buying anything.