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Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?

To: Nutty Buddy who wrote (10488)	9/29/1999 2:40:00 PM
From: Bruce Tiemann	Respond to of 11057

Yahoo! News Tech Headlines dailynews.yahoo.com Wednesday September 29 11:56 AM ET Western Digital Recalls Hard Drives IRVINE, Calif. (AP) - A defective computer chip has forced Western Digital Corp. (NYSE:WDC - news) to recall 400,000 hard disk drives. Western Digital officials said it was unclear how many of the affected hard drives actually were in consumer hands or how much the recall would cost. The company, which supplies equipment to Gateway Inc. (NYSE:GTW - news) and Compaq Computer Corp. (NYSE:CPQ - news), said many of the disk drives were still in the hands of manufacturers and sellers. The defect can cause the hard drives - the part of the computer that stores data - to fail to power up after six to 12 months of use, company officials said Monday. ''No data has been lost, and none is in danger of being lost,'' said Charles Haggerty, Western Digital's chief executive. The recall is the latest in a string of problems, including recent layoffs and a plunging stock price, for the Orange County-based computer company. The hard drives being recalled are part of the WD Cavair series. They were made between Aug. 27 and last Friday, and have drive capacities between 6.4 gigabytes and 20.5 gigabytes, the company said. Consumers who purchased computers in the past month can check specification sheets on their machines to see if they include a Western Digital drive, officials said. The company's Web site, www.westerndigital.com, offers a software program that can be downloaded to identify affected products.

To: Nutty Buddy who wrote (10488)	9/29/1999 2:53:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 11057

<<I have the feeling that, in five years or so, many followers will be kicking themselves for not buying at these levels - myself included.>> Hello, Buddy. You might very well be right; I would not be at all surprised. Maybe it's easy for me to visualize it happening because I remember first looking at WDC years ago at around $4 shortly before it started a rather steady march to the mid-$50's. Chart: techstocks.com Very cyclical over the long-term. Recall news is not good but WDC's been beat up so bad another blow can't add much to the damage already inflicted on the shares. Best. ...Tim (long a little WDC right now)

To: Nutty Buddy who wrote (10488)	9/30/1999 9:10:00 PM
From: J.Y. Wang	Read Replies (1) \| Respond to of 11057

I have the feeling that, in five years or so, many followers will be kicking themselves for not buying at these levels - myself included. WDC is a high profile, premier DD maker. Their drives are highly recommended by people I deal with. I just cannot believe Western Digital will dissolve into oblivion. I am tempted and I was thinking the same thing as what you expressed in your last sentence. And then three tickers came to mind: BOST, IRID, PHL. All three very high profile companies where equity holders bit the big one. So WDC has lost money for how many straight quarters now? And it's going to lose over $1 this quarter? I'm not saying it's going to go bankrupt. I just have to remind myself that companies do go bankrupt.