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


To: Kenwood Sun who wrote (8362)1/2/1998 4:58:00 PM
From: Randy Ellingson  Read Replies (2) | Respond to of 11057
 
"me too, wdc will soon back to 20's or 30's as funds begin to pick it up."

You make it sound so simple. I think funds will start to really pick it up only when HD prices regain some strength. Otherwise, none of the drive companies will make much money. They appear to have at least momentarily stopped dropping, but I don't know what's in store for prices over the next few weeks/months, especially for the high-end, high-profit drives. Seems hard to belive that downward pricing pressures won't ease markedly over the next 6 months.

Randy