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

To: steve goldman who wrote (8896)3/11/1998 3:18:00 PM
From: shane forbes  Respond to of 11057
 
Unrelated to today's action but FWIW:

A mention about WDC in current issue of Worth - Al Frank of Prudent Speculator fame likes WDC up to 24. Feels that things will get better for the drive industry by summer.

Shane.



To: steve goldman who wrote (8896)3/11/1998 3:23:00 PM
From: Sundar Rajan  Respond to of 11057
 
i bought shares of WDC - it is close enough to its 52 week low and the options activity indicates some takeover rumor (my broker's opinion)



To: steve goldman who wrote (8896)3/11/1998 3:32:00 PM
From: CalculatedRisk  Read Replies (2) | Respond to of 11057
 
Steve, the last time we saw a report like this, it was heavy put buying and WDC was selling in the low 30s. Maybe this is good news!

BTW, re: IBM. I heard from a WD employee that the IBM rumor is rampant at the Company. (As I have reported earlier, a good friend of mine is one of the top execs at WD ... this is NOT from him and he would NEVER discuss this with me ... just to be clear).

Regards, Bill


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