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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Fortinwit who wrote (5768)6/9/1998 6:40:00 PM
From: Investor2  Read Replies (1) | Respond to of 10921
 
Off Topic - Here's another indication of tech business weakness.

Tuesday June 9, 5:48 pm Eastern Time

AFTER THE BELL -Western Digital halted, Q4 warning

NEW YORK, June 9 (Reuters) - Shares of Western Digital Corp. were halted in after-hours trading Tuesday before the third-biggest independent disk drive maker said it expects to report a larger-than-expected loss in its fiscal fourth quarter.

Western Digital, still suffering from a worldwide glut of computer disk drives, also said it will be technically in default over its credit agreements with banks and may carry out more layoffs.

biz.yahoo.com

Best wishes,

I2