WDC/Sandisk Corporation 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.

Technology Stocks : WDC/Sandisk Corporation

WDC 181.44

+1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: slacker711 who wrote (27285)	1/26/2005 8:43:53 AM
From: Art Bechhoefer	Read Replies (3) of 60323

A good call? The BS analyst this time is revising gross margins downward from about 28 percent to 21 percent, with appropriate reductions in overall earnings. That is such a large downward revision that the company itself would have been obliged to lower its guidance. The company did not revise, which tells me that, under the full disclosure provisions of SEC rules, the company found no need to revise. The last time, even though the margins dropped, the overall statistics were very positive. I am skeptical of large investment firms issuing statements just before earnings are released, as that kind of behavior tends to be self serving. Art

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next