SI
SI
discoversearch

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


To: Stitch who wrote (3472)6/2/1998 5:49:00 PM
From: xamir  Read Replies (1) | Respond to of 9256
 
From Briefing

AFTER THE CLOSE ******

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....