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

To: dave luken who wrote (9223)	4/29/1998 8:41:00 PM
From: still learning	Read Replies (2) \| Respond to of 11057

Appreciate your thoughts. But I'm not sure I'm representative of a negative trend on this thread. I agree with you re value, price points, and sticking to your convictions. My conviction, to clarify, is that the DDs will recover by year's end, that most will show 50%+ gains, and that WDC may not be among them. I think WD is losing market share, has significant debt especially compared to QNTM and its mgmt team has not shown it can do well during trying times. Both SEG and QNTM have been fire-tested many more times than WD. It may well be a $30 stock efore 1998 is out, but the likelihood of that is less than SEG being a $39 stock and QNTM being a $36 stock, or, for that matter ADPT being a $34 stock. Risk is not the issue risk/reward is.

To: dave luken who wrote (9223)	4/29/1998 8:48:00 PM
From: SeanS	Respond to of 11057

If some of the press releases coming out now are to be believed, ( ex. Read Rite) we have reached a bottom and should see improvement in sales and profits from here out. I hope they are right. If they are not I will be bailing out with everyone else. I have learned my lesson with APM and a few others that sometimes you just have to eat your losses and run like the devil. On the other hand, I have seen over and over, stocks in the same situation as WDC that turned the corner, just when everything looked their worst, and soared to new highs in no time flat.IBM an Chrysler are but 2 examples. I don't think we'll see new highs anytime soon. I'll be elated beyond words just to see the 30's. But, you never know. I certainly see more upside than downside risk at the present moment, and that is the most important factor I consider. Good Luck, Sean