Maxtor (MXTR) Message Board

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Technology Stocks : Maxtor (MXTR)

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To: PLauritzen who wrote (445)	7/26/2000 8:07:53 PM
From: srvhap	Read Replies (1) of 467

<<which excludes a $22.1 million non-operating gain. Revenue in the second quarter of 2000 was $667.1 million, compared with $524.6 million in the second quarter of 1999. "We are very pleased with Maxtor's performance in the second quarter," said Mike Cannon, Maxtor's president and CEO. "We shipped 6.5 million drives in the second quarter and reported a gross profit margin of 14.9%.>> Ok, so the actuals beat ests by .04 and the stock drops for the past week leading up to this and big time today. What is it that we Don't know and everyone else seems to?

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