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Technology Stocks : komag -- Ignore unavailable to you. Want to Upgrade?

To: Wheats who wrote (665)6/2/1998 5:41:00 PM
From: Francis Matthews  Respond to of 848
 
Komag (KMAG) 9 3/16 -7/16: disk drive components supplier says sees a Q2 charge of $35-$185 mln as company reduces its Malaysian workforce by 10%; projects a Q2 loss of about $58 mln on sales of $75-$85 mln.

Based on current shares outstanding, $58 mln figure would put loss at approx. $1.10 a share vs the $0.72 a share analysts were expecting the company to lose....



To: Wheats who wrote (665)6/3/1998 11:30:00 AM
From: RDH  Respond to of 848
 
No, haven't bought. I am going to research further.

- RDH.



To: Wheats who wrote (665)6/3/1998 2:12:00 PM
From: RDH  Read Replies (2) | Respond to of 848
 
Philip,

you are so smart to have sold last week.

How low would KMAG have to get, before you would consider it a sensible buy?

- RDH.


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