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


To: InfoMiner who wrote (10001)12/2/1998 2:52:00 AM
From: fiberman  Respond to of 11057
 
Maybe something is brewing with the IBM deal?? Could it be an IBM buy out, assuming that it is for IBM shares, that will be great. If it a cash offer, then I am screwed, because my cost is still too high!!



To: InfoMiner who wrote (10001)12/2/1998 8:21:00 AM
From: kendall harmon  Read Replies (1) | Respond to of 11057
 
Jim kramer of thestreet.com (TSC) made very bullish comments about the disk drive sector in his column after the close. I post the url here but you have to be a member to read on:

thestreet.com

Although kramer did not like the rally yesterday because it consisted mainly of short covering, in the disk makers he saw by contrat "real buying." Mr. Kramer is on CNBC this morning and will undoubtedly mention the stock positively since he likes it so much.

Also, take a look at the chart:

quote.yahoo.com

the stock has now not only decisively broken its 50 day line but the 200 day line. This marks a major trend reversal and signifies an uptrend.