SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?


To: emil who wrote (8719)2/14/1998 9:31:00 AM
From: steve goldman  Read Replies (1) | Respond to of 11057
 
Forget the next two quarters...everyone in the world knows this. If you want to make money on Wall Street, you have to figure out what everyone doesnt know. In this case, what will the 3rd, 4th, 5th, and 6th quarters going out look like.

If earnings were to go -30,-20, 20, 40, 60.... that is far more important than understanding the -30, -20.

The company gave that to the world a few weeks ago. Clearly people are betting that the 3,4,5,6th qs out are going to improve.
Oppenheim is agood firm with a lot of mutual funds. Well known in tech. Wouldnt be surprised to see a few others move up from nuetral to attractie, accumulate or buy.

The day I hear that earnings are beautiful, everything is back in order, all steam ahead, the stock will fly for a day or so, andI will say good bye.

Wall Street climbs a wall of worry. Notice how in light of all the ASIA problems, clintongate, iraq, we are at record levels on indices.
When asia resolves, when clinton escapes impeachment, and iraq backs down, the market will surge and then pull back looking for something to worry about.

Regards,
Steve