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Technology Stocks : Applied Magnetics Corp -- Ignore unavailable to you. Want to Upgrade?


To: Don Earl who wrote (10793)12/8/1997 4:28:00 PM
From: Brian Lempel  Read Replies (1) | Respond to of 12298
 
Don, I would think the shares would be used to raise capital for the transition, not for a split.

Brian



To: Don Earl who wrote (10793)12/8/1997 4:40:00 PM
From: Think4Yourself  Read Replies (2) | Respond to of 12298
 
The consensus seems to be that somehow the industry has made an instantanous switch to MR over night, when even WDC says it will take until June to reach a 75% MR product mix.

I don't know about an instantaneous switch TO MR. It appears more like a major switch FROM TFI to no production while MR production ramps up. I have two questions for you, because my facts may be wrong:

1. Is there any major manufacturer still sticking with TFI now that WDC has (dramatically) accelerated the switch off of TFI production? In fact, is any other major drive manufacturer even using significant TFI anymore?

2. Didn't WDC say they were going to work closely with >>>RDRT<<< on their MR program?

Ken



To: Don Earl who wrote (10793)12/8/1997 5:10:00 PM
From: Rational  Respond to of 12298
 
Don:

You say: Although I'll probably vote against authorizing more shares to be issued, the company wanting to be prepared for a stock split raises some interesting questions. What are your reasons?
I am just curious. Thanks in advance.

Sankar