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

To: majander who wrote (8332)	12/27/1997 11:37:00 AM
From: Howard Feinstein	Read Replies (1) \| Respond to of 11057

What the hell are we talking about here? The stock goes from 54+ to 14-15 range and we are saying " I think we are near the bottom here"! The stock was WAY overpriced, management overinflated financial numbers(re: class action suit), and entire sector is in trouble. You may be able to catch an upward pop here, at these prices, but why would you choose this sector to do it. A "flight to quality" is called for here, like INTC, CPQ, DELL, AMAT, SUNW. The DD sector is in serious trouble with near term to one year not good! Only one man's opinion. Howie