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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (83339)	6/21/2002 11:30:24 PM
From: James Calladine	Respond to of 99280

TODAY'S WARNING FROM ONE OF THE MAJOR DRIVE COMPANIES <<Maxtor (MXO: news, chart, profile) said that it expects a pro-forma loss of $80 million to $90 million on revenue of $880 million to $910 million in the second quarter. This outlook is below previous projections, Maxtor said. The information storage products firm cited lower revenue due to soft demand for its disk drive products, and more aggressive pricing than anticipated. The stock closed up 2 cents to $4.45. >> More evidence of the current marketplace. Namaste! Jim