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


To: Sam Citron who wrote (11006)9/8/2005 9:54:36 PM
From: sixty2nds  Respond to of 11057
 
14:06 WDC Western Digital on conference call (13.98 -0.40)

Co, speaking at Citigroup's 12th Annual Global Technology Conference, is very bullish on one inch disk drives in consumer markets; says this product platform is key for its future technologies; co feels pretty good about its position in the marketplace. Co says it is making investments into new hard drive technologies at a time when competitors are cutting back; co sees substantial unit growth by 2008; co stresses that it will enter into new markets and notes it has no debt and solid financials (two variables that should help them to succeed). Co said it would be great to use aluminum in notebooks b/c it is cheaper than glass, but says it has been talked about for years and its still being tried out.