Western Digital (WDC) Message Board

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Technology Stocks : Western Digital (WDC)

WDC 172.26

-2.2%

Dec 31 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (10880)	2/24/2004 3:45:41 PM
From: Sam Citron	Read Replies (1) of 11057

12:56PM Western Digital files 8-K ahead of conference presentation (WDC) 10.54 -0.17: At the conference, WDC plans to indicate the following regarding the environment in the desktop hard drive industry thus far in the March quarter: Overall demand is on track with expectations... The industry's weeks of inventory in the distribution channel and the Company's channel inventory levels have declined since January 1, 2004... Industry data indicates that sell-through has exceeded sell-in... Desktop pricing has been moderate. Additionally, the Company will indicate that its specific initiatives, such as the ramp of head production, mobile hard drive development, SATA enterprise, and PVR/DVR activities, are all on track... WDC will be presenting at the Goldman Sachs Technology Investment Symposium 2004 tomorrow. www.briefing.com

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