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Technology Stocks : Western Digital (WDC)

WDC 201.25

+7.1%

9:55 AM EST

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To: Sarmad Y. Hermiz who wrote (10852)	11/24/2003 11:29:27 AM
From: Sam Citron	of 11057

Maxtor raised prices in the distribution channel for its hard disk drives, according to Bear Stearns analyst Naveen Bobba. "By raising distribution channel prices, Maxtor is signaling its intentions to keep production/supply levels reasonable going into the seasonally slower first quarter," Bobba told clients on Monday. He said it isn't clear yet whether or not Seagate and Western Digital will follow with their own increases. "If the other major vendors follow suit some of the concerns and risks about more aggressive pricing conditions going into the seasonally slower first quarter could ease. If they don't, Maxtor risks losing share." marketwatch.com{4D444CC5-A68A-41CB-A107-63F2E2DFF414}&siteid=yhoo

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