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Technology Stocks : Western Digital (WDC)

WDC 282.58

+8.6%

Feb 6 9:30 AM EST

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To: rest42 who wrote (10255)	4/5/1999 11:39:00 AM
From: Stitch	Read Replies (1) of 11057

bob, <<I am amazed at the absolute silence of this company!>> They haven't been exactly silent, having told some analysts that they expect revenues to be down slightly from previous estimates but plan to meet the estimates of a .68 loss. There is a lot of whispering about Chuck's departure but that has been going on for some time. Some analysts have commented that march PC orders firmed up. The quarterly warning window has come and gone. So far it has been pretty much in line with what we could have expected. RDRT, KMAG, HTCH have all commented on a slower then expected order rate. I don't think it is going to be a bloodletting for everyone. In fact, I expect SEG to surprise on the upside and report about .53 a share. WDC should be good for a .70 - .72 loss. Best, Stitch

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