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

To: Kurthend who wrote (7904)	12/2/1997 9:36:00 AM
From: Thomas Haegin	Read Replies (3) \| Respond to of 11057

Re: New guidance? I was sent this by Infobeat a little while ago (it's lukewarm still): New stuff or old stuff?? Thomas Zurich, Switzerland ------------------------------------- WESTERN DIGITAL (Monday's close: 21-1/8, indictaed lower) said that it currently forecasts operating results before charges would be break-even for the 2Q ending December 27 -- the second projection to be well below the analysts' consensus in a month. The company also said that it plans to take one-time charges in the 2Q totaling $85 to $95 million, higher than the $15 to $30 million previously announced, and that it expects to be modestly profitable for the fiscal year. According to First Call, the analysts' consensus estimate was $0.25 a share for the 2Q ending December 27 and $1.61 for the year. (Reuters 08:18 AM ET 12/02/97) For the full text story, see infobeat.com -----End-------------