To: Ken Kettler who wrote (12128 ) 7/23/1998 7:54:00 PM From: Stitch Read Replies (2) | Respond to
Death rattles -->or $1.50 basic net loss per share, for the third quarter of fiscal 1998 on sales of $33.6 million, compared with net income of $21 million, or 75 cents fully diluted earnings per share, on sales of $124.1 million for the same period last year. (Yeah, about 7 units a week) (The definition of excellence has reached an all time low, when you clean up a pile of dog droppings that can be called progress I guess) in accelerating (wow, fasten your seat belts) its development of advanced (advanced?..they can't even see the butt crack of their competitors yet) MR products and has delivered qualification units at both the 3.4 and 4.3 gigabyte per 3.5'' disk capacity points. Upon receipt of orders, .(do not hold your breath) (we will be better in 9 months...don't change channels) MR-head shipments will not be a significant source of revenue in the fourth quarter of fiscal 1998, (surprise anyone?) as weak OEM demand for products at the 2.8 gigabyte per 3.5'' disk capacity point has precluded the need for additional sources at several drive companies. (meaning, we were/are too late to get any of the business that is still out there) .
