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


To: Chris Anderson who wrote (7502)11/12/1997 3:35:00 PM
From: ptrader  Respond to of 11057
 
<<I am skeptical, but if SEG and WDC really cut production as claimed, this should help margins>>

I really don't think the drive companies are cutting production, by my estimates the drives companies will produce 18% more desktop drives this quarter than last. There is a over capacity problem occuring. SEG will lose money this quarter and WDC will follow next quarter.