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


To: Wowzer who wrote (9808)9/10/1998 9:43:00 PM
From: KM  Read Replies (1) | Respond to of 11057
 
Very interesting comments from Jim Cramer Yahoo chat today on WDC:

Tech only--everything else is a little suspect except some of the drugs, and within tech I like the disk drives best. This is new for me. I have hated that group for some time.....

druy: WHY NOW WITH THE DISK DRIVES?
Creme_Delacramer: Because for the first time in a long long time the business has gotten very strong. I own SEG and WDC and I sold
Creme_Delacramer: my WDC about 30 points ago, my best trade ever. I am in because demand from CPQ and DELL is very strong and we know from Intel tonight that the biz is on fire.!!!!!!!!!!!!!!!!!!

That's good enough for me. I'm getting long this tomorrow.



To: Wowzer who wrote (9808)9/10/1998 10:28:00 PM
From: Mark T. Heath  Respond to of 11057
 
"I am still trying to figure out how Clinton's troubles effect a companies bottom line."

Clinton getting impeached will not stop WDC from selling product. But to ignore the issue can cost you money in the short term. I'm barely old enough to remember Watergate, but I can look at the charts and read to learn what Watergate did to the stock market. We are on the same page politically it would appear.



To: Wowzer who wrote (9808)9/11/1998 9:46:00 AM
From: Wowzer  Respond to of 11057
 
"Tomorrow I predict the NASDAQ will be up more than 50 points due to INTC announcement, after that I will go back to the eight ball."

My prediction appears to be a tad aggressive...(g) I will just stick to the eight ball for now on...This market just continues to sell into any type of good news or rally..

Rory