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


To: fiberman who wrote (8476)1/20/1998 4:34:00 PM
From: xamir  Respond to of 11057
 
ALL

Seagate Tech. Inc. (SEG) 19
5/16 +13/16: disk drive maker
reports a 2nd qtr loss of $0.75 a
share, reversing a yr-ago profit
of $0.94 a share. Wall Street's
estimate for the qtr had been
revised to a $0.33 a share loss.



To: fiberman who wrote (8476)1/21/1998 2:58:00 AM
From: Thomas Haegin  Read Replies (1) | Respond to of 11057
 
Fiberman, sorry to be around only today, but yesterday evening I was busy with installing the new PC and could not yet install the Internet. Toninight I should be up and running again.

You are long from quite high a price, so for you to average down whether at $17, $16 or $15 does not make that much of a difference percentage wise, IMO. So the question for me would rather be: When is a good moment to buy more stock? To his end I personally will wait for the nos. for 12/97 to come out before I do anything. I may miss a couple of points, but why hurry? The trend to ever increasing capacity requirements will survive us all, IMO.

I'll get you an update on the WDC disk as soon as all is installed.

Hope this helps,
Thomas