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

To: Don Pauley who wrote (9756)	8/21/1998 11:16:00 PM
From: Neil H	Respond to of 11057

Don In with my broker today Morgan Stanley Dean Witter. Their people just met with WDC a few weeks ago and came back with the opinion that things are not great at this time. WDC appears to be in the cash conservation mode and hope their kitty holds them through until the drive market changes. Estimate to get better at best end of this year but probably next year. Broker looked at chart and combining this with MSDW fundamental analysis decided there were better places to put your money at this time. Will revisit in November. Will be buying more Qwest on Monday. Best of luck Neil