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Technology Stocks : QUANTUM
QNTM 10.09+1.5%Dec 8 3:59 PM EST
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To: Stitch who wrote (7380)2/22/1998 5:28:00 AM
From: Z Analyzer  Read Replies (1) of 9124
 
<<How
about if we compare operating margins of Komag and
Western-Digital at the height of their output and capital spending ,
say, during the first two quarters of 1997? I have not done the
exercise but if you agree that would be an interesting comparison
I will.>> Why not look at the real litmus test. Return on equity where both
quantum and WDc have posted stellar figures in better times. In bad times vertical intergation hurts performance thruough underutilization.
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