SI
SI
discoversearch

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 : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ian@SI who wrote (1776)12/2/1997 5:42:00 PM
From: Investor2  Read Replies (1) of 3696
 
RE: "IRVINE, Calif. (Reuters) - Western Digital Corp. Tuesday forecast that operating results before charges will be break-even for the fiscal second quarter ... also said that it plans to take one-time charges in the quarter totaling $85 million to $95 million ... said that it plans to reduce production of desktop hard drives ... and exit the three-inch portable hard drive business. The company also plans to further accelerate its transition to desktop and enterprise hard drives featuring magneto-resistive head technology.

cnnfn.com

Any opionions on how this may impact UTEK?

Best wishes,

I2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext