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


To: SirAlexx who wrote (8608)1/30/1998 8:01:00 AM
From: William L. Vu  Read Replies (3) | Respond to of 11057
 
Revenue down significantly, cost of revenue jump significantly because of (1/2) of the special charge. Producing large loss.

Listen to the CC, WDC indicated even less drive units shipping next two quarters. With unit price coming down, and unit quantity down,
Revenue will be pathetic next two QTRs. The COST OF REVENUE will be high too because they will have $70M charge carried forward. THis is the reason the company said gross margin will be in the single digit. By the way, this QTR gross margin is 9%. I had the feeling that it must be very low much lower than this QTR since WDC is very evasise about providing a number.