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Technology Stocks : Western Digital (WDC)
WDC 200.46+6.8%Jan 9 9:30 AM EST

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To: Brian Lempel who wrote (7766)11/19/1997 10:22:00 PM
From: June   of 11057
 
Headline from Rocky Mountain News, 11-19-97:
QUANTUM failure costs 500 jobs

"Storage products maker MKE-Quantum Components wrote the latest chapter in its roller-coaster history Tuesday by announcing it will close its Louisville maunfacturing plant.....

... the new magnetorestive heads ... took to long to get to market, racking up operating losses. .....

... The MR heads were designed and produced on a small scale in Louisville, then rolled out in Shrewsbury and Bataam. "

I understand R&D will remain in Louisville and continue to employ 130 people.

June
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