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

To: Z Analyzer who wrote (8784)	2/16/1998 5:03:00 AM
From: shane forbes	Respond to of 11057

Z Analyzer: My sense would be that you are absolutely correct. There isn't an uptick at the companies. Yet I've never figured out how the foward-looking stock market works viz-a-viz when it comes to the timing of when the stocks will show increases in prices and when the company will show improving order flow. Clearly there is a chance that once WDC and others show increasing activity the stocks will have already included this information and have already gone up somewhat. But then again buying before anything has happened is risky! And that's what I've done! But it's in my IRA and so I'm apt to say so what! If wrong (and there is a good chance) the price is not considerably out-of-whack for the long haul. My main concern was "survivability" and with the 400 million they have enough gas in the tank to last awhile. Re: the trading down to book, I'm not so certain they will get there. But that's just a hunch! Finally it might be worth calling the INVX's, HTCH's, APM's, HMTT's, etc of the world to see if there is any order up ticks there. Before WDC and others can go up WDC needs to flush out their inventories (obsolete or otherwise, the obsolete part is easy - just chuck it in the recycling bin!) of component parts and then place orders with the component suppliers. Therefore, as I said in my previous post, the order up tick at WDC will manifest itself first in an order up tick at the HTCH's etc. So give this latter group a call! (Actually I suspect nothing much is happening here as well! Otherwise I would have called. Things still look "Not so Good" for the next 6-8 weeks at the very least.)