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: Glenn D. Rudolph who wrote (8770)2/15/1998 11:10:00 AM
From: TREND1  Read Replies (2) | Respond to of 11057
 
Glenn
Since WDC continues to go up, the only conclusion
I can reach is that WDC can see more into the future
then both "SANDS BROTHERS" (g)
By the way the stock price of WDC is due to the actions
of 1,000's of people that are all studying the future of
WDC.
I guess the 1,000's of people have a better feeling about
WDC then both "SANDS BROTHERS" (g)
Any how, every one knows the near term future of WDC's earnings.
What those 1,000's of people seem to be saying is that the
current down cycle in WDC is coming to and end

Larry Dudash
PS: Yes, I am long WDC. I guess I am one of those 1,000's of
people that are buying WDC.



To: Glenn D. Rudolph who wrote (8770)2/15/1998 1:24:00 PM
From: Robet Butkus  Read Replies (1) | Respond to of 11057
 
Gee, could this be the reason WDC is trading under $20?
ANALysts down grade at the bottom and upgrade at the top.
That's why these guys make the $m salaries.
Again, the WS game at it's best...
I can remember when WDC was at or near its high...every talking
head on CNBC was pounding the table....much the same way they are
pounding the table on the airlines.
When so many are on one side of the boat, guess what happens?
The market is a game, and the sooner one realizes how to play it,
the better one is.



To: Glenn D. Rudolph who wrote (8770)2/16/1998 12:13:00 PM
From: Craig Schilling  Read Replies (2) | Respond to of 11057
 
What's your point Glen this is old news and the reason the stock dropped two to three months ago. The market is a discounting mechanism and investors are looking 6 to 12 months out now. That's why it's a waist of time using analysts estimates as an investor.

Craig