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


To: Sarmad Y. Hermiz who wrote (10852)11/24/2003 11:29:27 AM
From: Sam Citron  Respond to of 11057
 
Maxtor raised prices in the distribution channel for its hard disk drives, according to Bear Stearns analyst Naveen Bobba.

"By raising distribution channel prices, Maxtor is signaling its intentions to keep production/supply levels reasonable going into the seasonally slower first quarter," Bobba told clients on Monday.

He said it isn't clear yet whether or not Seagate and Western Digital will follow with their own increases.

"If the other major vendors follow suit some of the concerns and risks about more aggressive pricing conditions going into the seasonally slower first quarter could ease. If they don't, Maxtor risks losing share."

marketwatch.com{4D444CC5-A68A-41CB-A107-63F2E2DFF414}&siteid=yhoo



To: Sarmad Y. Hermiz who wrote (10852)11/24/2003 12:06:46 PM
From: Sam Citron  Read Replies (1) | Respond to of 11057
 
8:51AM WDC: Mystery crisis In 80GB/p production -- Piper 11.80: USB Piper Jaffray analyst Ashok Kumar believes there are nagging questions about Westen Digital's short-term and long-term prospects; of note is that analyst believes that co encountered significant production problems with the 80GB/p transition; their engineers have had to work extraordinary unpaid work hours and some have left the co over this issue. While Piper thinks the apex of the problem may be past, believes the Company has a fiduciary responsibility to explain the situation to its shareholders.

www.briefing.com