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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 179.56

+0.7%

Dec 24 12:59 PM EST

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To: xamir who wrote (4016)	7/28/1998 9:29:00 AM
From: Hungry Investor	Read Replies (1) of 9256

CNBC this morning: Charles Haggerty from WDC actually went on the show this morning complaining about competitive prices, blah, blah, blah. I hear the IBM deal is BS and that it will not improve sales, margins, etc. He actually said that inventory units were down from a year ago. With the decline in inventory values over the past year, I doubt it. Also, aren't their sales down 35%??? Is that being considered. I bet if you looked at it based on sales, etc., that the units are not down, but might be up. This guy has some nads going on, I'll give him that... Scott

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