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


To: Thomas Haegin who wrote (8297)12/22/1997 7:36:00 PM
From: TCGNJ  Respond to of 11057
 
Thomas,

I am looking at the projected growth from '98 to '99:

(.86 to 1.72 --- dailystocks.net,

and the forward P/E for '99 of about 9.

TCG



To: Thomas Haegin who wrote (8297)12/26/1997 4:10:00 PM
From: Jim Goodman  Read Replies (3) | Respond to of 11057
 
yup....added WDC below 15 this week, to my "PSYCLE sm" depressed oversold potential tax-selling bounce long Buy list, with a close stop below recent low....along with ideas like, DGN, CS, CYMI, UTR, ISSI, even AAPL, others, among depressed Techs down here....technically and sentiment-wise (I do not employ fundamentals the way 95 % of others try to), WDC has an "exhaustion V bottom" forming....plus, as chronicled recently on this thread, "sentiment" is beautiful (i.e., too bearish near the low, dig ?) for these kinds of chart formed issues to bottom here, as well....best wishes.... I am going to take
a shot here, with a stop....we have done very well the last few years, buying issues like WDC here, in the last few "tech" bottoms....the timing is right....