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

To: Sawtooth who wrote (10017)	12/4/1998 7:27:00 PM
From: Hungry Investor	Read Replies (1) \| Respond to of 11057

Tim, Best of luck to you in both wishes. After following this industry for a few years and getting to know the ins and outs of what makes a drive company work (I'm not an expert, just a patient observer), this stock is tremendously high, even if it were a takeover target. This company would be lucky to lose a buck on forward 12, and if memory serves me right, the estimates are that they will be profitable again in 2000. I just don't believe it. They are so far behind the curve and have quality problems to boot. It will take an extraordinary effort and alot of bucks to overcome the hurdle that they have ahead of them. Most can't do it. I generally go with the odds. 2 cents as always, Merry Christmas, Scott.