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

To: Stitch who wrote (10180)	2/4/1999 9:03:00 AM
From: rest42	Read Replies (1) \| Respond to of 11057

Stitch,I agree with you about shorts.They are usually very well informed--they would have to be because of the risk they undertake-but I think the reason they are held in so low a regard is the unabashed slamming of the stocks they short.They post innuendo relentlessly,they monger rumours of their own making,they cheerlead doom and gloom at every turn.I think it is naturally hard for most people to like a constant party pooper.On the other hand,you offer hype free posits which in my opinion lends your posts great credence.I enjoy reading your rational and I hope you continue to post in the same clear and concise manner.You just cannot blame longs for their general disdain for the shorters,they scream the sky is falling,the sky is falling and when it does they usually come back and gloat then move on with same exact tactics toward their next prey!Its a breath of fresh air to have a short explain his reasons without the SELLLLLLLLLLLLLLLLLL!repeated dozens of times.So please keep up the fine writing and I will keep reading it and while i may disagree with some of it,I definitely will give it the heed it deserves.

To: Stitch who wrote (10180)	2/4/1999 7:35:00 PM
From: zalesky	Read Replies (2) \| Respond to of 11057

To all: The problem with short sellers is they work on the psychology of those investors with little or no experience. They force people who have been hurt to sell at or near the bottom in companies which have proven track records and products. Take the case of Oracle. A little over a year ago the stock was destroyed after handily missing their quarter. I remember the terrible short sellers then bragging about how the company was finished and the stock would languish in the upper teens to low 20s for months. Well, we know how much of a success Oracle has been since then. I believe the same scenario is in store for WDC. Today's slight move down on VERY little volume (NASDAQ -83 points) is a CLEAR indication that the sellers are just about through with this issue. Every day the news from Asia is getting a little brighter. HWP will give us another dose of this reality on the 12th with their earnings. DO NOT SELL WDC!! As my previous post suggested:nibble a little bit at this issue and watch it slowly slug its way back to 20. Don't let these charlatans with their so called knowledge of the industry scare ya out!! I purchased another 100 shares today in the upper 12s and will commit additional dollars if this mini-correction continues. Good Luck to all who are long on WDC!!!!!