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Technology Stocks : Western Digital (WDC)

WDC 157.75

+0.4%

Nov 14 3:59 PM EST

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To: michael97123 who wrote (10826)	10/22/2003 11:27:45 AM
From: Sam Citron	Read Replies (1) of 11057

10:10 ET STX plunges following earnings report 22.70 -6.85: Stock under pressure after reporting upside Q1 results. However, CSFB says that some warts appeared during the qtr, including pricing pressure, demand pull forward, enterprise share loss, an amended lock-up, and a SEC information request. According to firm, company announced an amended lock-up agreement allowing insiders to unload 20.3 mln shares now, ahead of the original date in early 2004. Firm also finds the SEC information request somewhat troubling. www.briefing.com

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