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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Z Analyzer who wrote (6636)	6/18/1999 10:15:00 AM
From: Mark Oliver	Respond to of 9256

Sorry, can't place it at the moment. from briefing.com 09:21 ET Iomega Corp. (IOM) 4 3/8: Removable hard drive maker warns that Q2 will disappoint; former highflyer sees quarterly loss of $0.05-$0.07, compared to break-even results expected by Wall Street. In addition, IOM will take $45 mln charge associated with headcount reduction and plant closings. 09:18 ET Quantum Corp (QNTM) 22: Disk drive maker receives Prudential Securities upgrade from "hold" to "strong buy." QNTM indicated 7/8 higher. 09:09 ET Intel Corp (INTC) 58: --Update-- Morgan Stanley Dean Witter lowers FY99 from $2.35 to $2.25 and FY00 (-4%) from $2.60 to $2.55 (-2%).; says talks with management indicated that the 0.18 micron manufacturing process of Pentium III processors will see some delays. Stock trading 2 1/8 lower in 3rd-market. There have been a string of Intel downgrades. You'd think they would be happy to see National trying to exit Cyrix business. Regards, Mark