Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 687.86

-0.4%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Logain Ablar who wrote (40457)	12/15/2003 6:44:53 PM
From: Johnny Canuck	Read Replies (1) of 69296

Case in point about slower hardware sales. ********************* 3:25PM Western Digital slides on Q2 update (WDC) by Tomi Kilgore NEW YORK (CBS.MW) - Shares of Western Digital (WDC) fell 90 cents, or 7.9 percent, to $10.54 after the computer hard drive maker after the company raised its fiscal second-quarter revenue forecast, but said in a filing with the Securities and Exchange Commission that the gross margin percentage will be below prior projections of 18 percent due in part to a slower-than-anticipated distribution sell-through rate. The company raised its revenue outlook to $790 million to $810 million from $760 million to $780 million. Earnings expectations for the quarter ending December remain at 28 to 30 cents a share despite the better sales outlook due to the weaker gross margin performance.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next