Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rational who wrote (8027)	12/4/1997 8:15:00 PM
From: Pierre-X	Respond to of 11057

Re: GMR WD is not going to use GMR. PX

To: Rational who wrote (8027)	12/4/1997 8:30:00 PM
From: Yogi - Paul	Read Replies (2) \| Respond to of 11057

Sankar, Associate Professor of Finance? Do you really believe WDC sacrificed 60% of thier market cap in order to wait for a relatively minor componet supplier to "become confident" with GMR head production? Sankar, we are talking 2 billion dollars here. Many organizations will take 10, 20, even 100 million dollar "risks" on future technologies but 2 billion dollars? Sorry to sound mean but I am stunned by such a position. WDC got caught short on a major product transition. It happens all the time. Investors inside and outside the company have paid 2,000,000,000.00 US dollars for the error. BTW, over the years,Western Digital has positioned itself correctly for product/technology transitions more often than not. The sign of a well managed technology company. I hope management survives this debacle. irthrifty