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


To: Thomas Haegin who wrote (8298)12/22/1997 7:23:00 PM
From: Glenn T  Read Replies (1) | Respond to of 11057
 
analysts excpect 0.30 for the year 1998. They expeceted $3.30 for 97.

at its high it was $55. ten times less earnings for 98....I see a bottom of around

$6 to $9 bucks. No turnaround until end of 98..maybe nov ..dec.IMHO

.. in at 27 ..out at 22.. maybe next time..

boliman



To: Thomas Haegin who wrote (8298)12/23/1997 11:02:00 AM
From: Sung Chung  Respond to of 11057
 
Thomas,
I don't know about RDRT, but INVX just filed their 10Q for the fiscal year ended 9/30/97. INVX earnings were (fully diluted) $2.30 in 1997, $0.90 in 1996, and $0.69 in 1995.

The whole area has been in a funk, but in general, I think component makers (INVX, APM, RDRT, HTCH, KMAG) have held up a little better lately than manufacturers (WDC, QNTM, SEG). Let's keep our fingers crossed.