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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 139.14-0.8%3:59 PM EST

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To: Mark Oliver who wrote (2985)4/14/1998 11:49:00 AM
From: Sam  Read Replies (1) of 9256
 
Something obviously driving it. It has been by far a better performer relative to QNTM and SEG over the past couple of weeks. They also announced a week or two ago that they are calling back employees as temporary employees at their old salaries--the same employees who are still collecting severance pay from when they got laid off. Bizarre--they will in effect get twice their old salaries for awhile. Another big write-off coming in this quarter, apparently.

I look forward to their CC. It will probably be as strange as the last one, which resembled a hair shirt exercise.

Best,
Sam
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