Western Digital (WDC) Message Board

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Technology Stocks : Western Digital (WDC)

WDC 199.91

-8.9%

3:59 PM EST

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To: David Harker who wrote (10094)	1/19/1999 7:28:00 PM
From: Stitch	of 11057

David, <<It is impossible to switch from massive losses to "instant profit" in one quarter. >> SEG went from a net loss of 12 cents per share to a profit of 42 cents a share in one quarter so we need to put your generally true statement into perspective. But with huge write offs, and creative accounting this doesn't necessarily tell the whole story. One question I have been asking myself is why WDC delayed additional consolidation moves. If they can consolidate divisions now, why couldn't they have done so last quarter, or the quarter before? Now a question all WDC investors must ask with a bit more trepidation is whether there is more cost cutting measures that have not been deployed and will there be more write offs this quarter. Best, Stitch

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