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

To: Randy Ellingson who wrote (8363)	1/2/1998 9:33:00 PM
From: Jeff Mills	Respond to of 11057

About one year ago I bought WDC for the first time, paying about $28/share presplit. I bailed on the stock at $45. I have just bought WDC back again, this time at $15 1/4 on Wednesday. I added a bit more today at the close at $17 1/8. I think $25 is an achievable target at some point in 1998. WDC is such a huge momentum stock, and when money begins to flow into the stock it moves quickly. I was impressed with today's and Wednesday's volume. WDC was in the top 10 on volume today on NYSE, which tells me money is being put to work in the stock. The PSR on WDC is under 0.35, which is advantageous. At its highs, WDC sold at a PSR of over 1.0. Good luck all- Jeff Mills

To: Randy Ellingson who wrote (8363)	1/3/1998 1:32:00 AM
From: Kevin F. Spalding	Read Replies (1) \| Respond to of 11057

Randy, (In a quote of a post I made on the QNTM thread) Couple things...(1)As of today, no mutual fund manager has to show QNTM (or WDC, SEG, RDRT, APM etc.) in their quarterly/annual report of holdings now for another three months. (2)There ain't no mo' tax loss selling (hey, I just came over here from WDC in my taxable accounts for that reason). Gut feel...most all the carnage is over. Although there may be a good bit of sideways moving goin' on over the next X months, the overall bias of this industry will be back toward the growth rate they've established. Let's get done with this poisonous asian dumping @#$# that's been going on first. Comments??? Kevin