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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Z Analyzer who wrote (2307)	1/17/1998 3:06:00 PM
From: Jonathan Bird	Read Replies (2) \| Respond to of 9256

High end margins were positive according to the conf call, although just barely. Z, So your saying the release must be wrong and that they didn't really have a loss in the high end part of the business? Having a loss is the definition of negative margins. "In the high-end part of the hard disk drive market, demand has not picked up sufficiently to absorb the excess inventory in the distribution channels," said Brown. "Although our loss in that part of our business increased from the prior quarter, we were able to increase both unit shipments and revenue associated with our high-end drives." Jon Bird