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

To: Stitch who wrote (10200)2/5/1999 8:05:00 PM
From: zalesky  Read Replies (1) | Respond to of 11057
 
To all: Today looked like the day WDC finally
bottomed. Closing at the high of the trading
session and WELL off their daily low. All this
with the NASDAQ down 34+ at the close. The
volume was respectable and double what it
traded on Thursday. I think the worst is over
for WDC. This Nasdaq mini correction should
come to its timely conclusion either Monday or
by early Tuesday. A move back up to the 14 buck
area may arrive in about a week. After that
a little sideways motion should be in order.
Good Luck because we've seen the worst the
shorts can throw at us!! GO WDC!!!



To: Stitch who wrote (10200)2/8/1999 11:09:00 AM
From: Hungry Investor  Read Replies (1) | Respond to of 11057
 
Stitch,

Any thoughts/knowledge on how the relationship with IBM is working. This relationship was to be a major part of the company's efforts to return to profitability. I can't remember that I've seen product ship with the "new" technology...I think that I've seen estimates of next quarter.

A new thought for this thread... business fundamentals vs. hype and garbage talk.

Scott.


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