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

To: Jonathan Bird who wrote (8583)1/29/1998 11:13:00 PM
From: William L. Vu  Read Replies (1) | Respond to of 11057
 
listeing to the conference call, wdc said that they expect losses for next 2 qtr at the high end of the loss (which is -.38 for next qtr).



To: Jonathan Bird who wrote (8583)1/30/1998 5:24:00 AM
From: John Cuthbertson  Read Replies (1) | Respond to of 11057
 
Jonathan: "After next qtr, unless WDC earns more then .04(Ha!), the 12 month earnings will be negative and there will be no PE."

Most people who use historical P/E to help value a company's stock will look at earnings excluding extraordinary items such as the big charge just taken.

==John


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