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


To: TREND1 who wrote (8774)2/15/1998 1:59:00 PM
From: shane forbes  Read Replies (1) | Respond to of 11057
 
So how do you measure bad?

(I just got in.)

I figure one way is to see if the companies downstream are having accelerated order flow. I don't think they are but they may see this beginning late this Q and ramping.

Another way, but a bit later, is to see if there are earnings revisions for those downstream companies. I have not.

A third way is to just guess.

A fourth way is to buy when layoffs are announced ('been there done that).

A fifth way is to take the 400 million in additional capital raised in a debt offering as a sign that the stock is not overvalued (HA!) otherwise they would have gone to the equity market to raise capital.

A sixth way is to watch the markets and there appears to be accumulation.

A seventh way is to watch the graph and that shows that the lows are getting higher and higher. First 14, then 15, then 17, then 18 we hope.

A final way is to buy it in an IRA account and keep it for the next up-leg, realizing that even if wrong the time factor will cushion any timing mistakes. After all, when young, IRAs are long term investments.

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All TIC.