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

To: LK2 who wrote (5049)	12/2/1998 10:31:00 AM
From: Hungry Investor	Respond to of 9256

Larry, Well if the CEO says things are improving, I guess we should all just run out and margin up about 1 million shares each. WDC is the biggest piece of crap out there right now and they are going to blow through the estimated loss for the year. There $0.90 estimate doesn't even include the approx. $70 million in added warranty liability that they had to book because of crappy product (also read recent product). There market share continues to slip and they most likely will slip another notch on the totem pole this quarter. Demand may be firming up, but if aren't the time to market\volume leader, then all you get is razor thin or negative margins. I understand that you posted the quote for information only. The market may agree, the stock has lost 50% of yesterday's gain already. Scott.