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Technology Stocks : Western Digital (WDC)

WDC 181.54

+1.1%

Dec 26 9:30 AM EST

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To: Sarmad Y. Hermiz who wrote (10904)	3/2/2004 7:15:20 PM
From: Sam Citron	Read Replies (1) of 11057

Analysts still skeptical of industry: 11:20AM STX estimates lowered ahead of tonight's call 17.21 -0.17: Lehman has lowered its MarQ estimates in advance of tonight's Mid-Qtr update, as firm believes company will guide towards lower half of the $0.20-$0.30 range. Firm's MarQ EPS est goes to $0.23 from $0.29 and rev est to $1.61 bln from $1.67 bln (Reuters consensus $0.26 and $1.59 bln). Firm remains cautious until evidence emerges that pricing and production discipline has returned to the H.D.D. industry. www.briefing.com

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