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Technology Stocks : QUANTUM
QNTM 4.005-2.8%2:43 PM EST
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To: RFF who wrote (7680)3/25/1998 4:20:00 PM
From: RFF  Read Replies (2) of 9124
 
Another warning in the industry

From Briefing.com:

Komag Inc. (KMAG) 15 5/8 +1/16: disk drive components maker warns that it expects it Q1 loss to "significantly exceeded" analysts' estimates. The company believes that sales could be down as much as 55% sequentially. Already, the Street had expected KMAG to produce red-ink of $0.53 a share for Q1, compared to a yr-ago profit of $0.33 a share. And, while company expects sales to rebound in Q2, KMAG still sees a net loss...
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